Munster Expects Nvidia Revenue to Grow by 90% in 2027

Watch on YouTube ↗  |  August 28, 2026 at 13:15  |  6:27  |  Bloomberg Markets
Speakers
Gene Munster — Managing Partner, Deepwater Asset Management

Summary

Gene Munster discusses Nvidia after its earnings, arguing the company's growth remains exceptional and that calendar 2027 revenue can grow about 90%. He highlights inference capacity shortages, pricing power, customer diversification into sovereign and enterprise demand, and Nvidia's moves into models as a hedge against custom silicon. The overall market implication is a bullish Nvidia view.

  • Nvidia revenue seen rising from $27B in 2022 to about $750B in 2027.
  • Calendar 2027 Nvidia revenue growth estimated at roughly 90%.
  • Inference capacity shortages are the core demand driver.
  • Nvidia has 20-30% potential pricing increases on some products.
  • Customer concentration is declining as sovereign and enterprise demand grows.
  • Hugging Face and Poolside moves build Nvidia's model capability as a hedge.
Ideas
Gene Munster Managing Partner, Deepwater Asset Management 0:27
Nvidia revenue grows 90% in 2027
Nvidia's customer diversification is improving: top-two customer concentration fell from 38% to around 30%, and SpaceX went from a couple percent to about 5% of revenue. Non-hyperscalers such as sovereign AI are expected to grow about 85% next year versus just over 50% for hyperscalers, which should make the revenue deceleration curve less sharp and reduce investor concern.
NVDA HIGH
Up Next
15:59
Nepal Floods: Finance Minister Says Rescue Efforts Are Challenging
Bloomberg Markets · Aug 28
52:51
Samjeon-Nix Credit Averaging Down Warning…In September, Buy When It 'Breaks Through,' Not When It Falls | Myeong Min-jun, Park Ga-young, Yoo Chang-hee [Stock Beginner Rescue Team]
3PRO TV (삼프로TV) · Aug 28
8:40
Lack of Russia Pressure Strategy a 'Problem': Daalder
Bloomberg Markets · Aug 28
8:34
Staying put on rates won't be good for the Fed or the economy, says Roger Ferguson
CNBC · Aug 28
43:25
Stocks, Bonds Waver Ahead of Warsh Speech | Bloomberg Brief 08/28/2026
Bloomberg Markets · Aug 28

This Bloomberg Markets video, published August 28, 2026, features Gene Munster discussing NVDA. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Gene Munster  · Tickers: NVDA