- Huang said Nvidia will sell twice as many chips next year as this year, calling out AI investment demand across nearly every country Nvidia operates in.
- The doubling is anchored to the Vera Rubin platform, which offers roughly $40 billion of revenue per gigawatt versus $25 billion on Blackwell and is projected to be the fastest product ramp in Nvidia's history.
- Analyst consensus EPS for fiscal 2028 climbed from about $12.67 to $15.57 over 90 days with 39 upward revisions and no cuts, and NVDA rose 2% to $219 against a 52-week high of $236.
- Nvidia's supply obligations reached $279 billion, largely tied to memory procurement for Vera Rubin, while financing partners including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR are expected to mobilize over $500 billion of third-party capital for AI infrastructure.
- Management framed the fiscal 2028 outlook of roughly 70% revenue growth as supply-constrained and said the unconstrained figure is significant.
Quotes
“I expect Nvidia to sell twice as many chips as this next year as we do this year.”
“The reason for that is because AI has, has so much contribution to the benefits of different industries, different economies, and you can see that in almost every single country that we're in, people want to invest in AI.”
“When a product is not safe, we should hold it back and keep engineering it.”
“Customers' forecasts point to our growth doubling next year”
“The unconstrained is significant.”