Nvidia's Upbeat Sales Outlook Eases Concerns About AI Economy

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.