Nvidia's Upbeat Sales Outlook Eases Concerns About AI Economy
Speakers
Colette Kress
— CFO, NVIDIA Corporation
Tom Mackenzie
— Anchor, Bloomberg
Summary
Nvidia's latest earnings and guidance point to very strong AI demand, with revenue more than doubling and fiscal 2028 revenue growth forecast around 70%. Tom Mackenzie highlights that supply constraints, not demand, are limiting growth, while the main blemish is expected margin compression. Nvidia is also regaining a China toehold with H200 shipments and billions in China revenue.
- Nvidia forecasts about 70% revenue growth in fiscal 2028.
- CFO says AI demand is driving a global infrastructure buildout.
- Q2 revenue more than doubled to over $96B; EPS beat estimates.
- Gross margin is expected to fall from about 75% to 71-72%.
- Management says supply-chain constraints limit even stronger revenue.
- Nvidia can ship H200 chips to China after US approval, with China revenue around $7B.
Ideas
Nvidia sees 70% revenue growth
Nvidia's second-quarter results were exceptionally strong: revenue more than doubled year over year to over $96B, EPS of $2.22 beat estimates, and current-quarter guidance also beat; the only blemish is expected gross margin compression from about 75% to 71-72%, but demand remains red hot.
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This Bloomberg Markets video, published August 27, 2026, features Colette Kress discussing NVDA. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Colette Kress · Tickers: NVDA