Nvidia guidance reignites AI growth trade

Seekingalpha · 2 days ago
Nvidia guidance reignites AI growth trade
  • Nvidia's fiscal 2028 guidance exceeded Wall Street forecasts, refocusing investors on its AI-driven growth outlook.
  • Seeking Alpha reported Nvidia's projected 70% revenue growth and said demand remains ahead of supply.
  • Nvidia's results and outlook lifted Nasdaq futures in premarket trading.
  • The earnings release also drew attention to ETFs with the largest Nvidia allocations.

Quotes

Nvidia’s 70% projected revenue growth positions it above Apple and Alphabet in revenue and just behind Amazon, making it a dominant player in the market.Seeking Alpha
Analysts cite Nvidia’s significant top-line growth guidance, robust demand outpacing supply, and strategic investments securing its AI leadership as key reasons for confidence.Seeking Alpha

Sources