Nvidia Revenue Doubles on AI Demand, Raises Fiscal 2028 Guidance

NVIDIA reported doubled quarterly revenue driven by sustained demand for its artificial intelligence processors. The company also projected roughly 70 percent growth for fiscal 2028 and reset its gross margin outlook to 72–73 percent.

26 Aug, 21:49 — 26 Aug, 21:49

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BBCHigh5h ago

Nvidia revenue doubles on continued AI demand

Chipmaker's $96bn quarter beat forecasts as demand for AI hardware continues to accelerate.

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Coverage Timeline

First report: CNN · 26 Aug, 20:52|Full coverage: 3 · 6h|Window: 6h

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CNN26 Aug, 20:52First to report

Nvidia doubles its sales, but investors have their eye on the future - CNN

BBC26 Aug, 21:49

Nvidia revenue doubles on continued AI demand

5h later

seeking-alpha27 Aug, 02:30Latest update

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Nvidia Revenue Doubles on AI Demand, Raises Fiscal 2028 Guidance

Sources

Nvidia revenue doubles on continued AI demand

Coverage Timeline

Nvidia doubles its sales, but investors have their eye on the future - CNN

Nvidia revenue doubles on continued AI demand

NVIDIA expects ~70% fiscal 2028 revenue growth as it resets gross margin outlook to 72%-73%

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