Nvidia, the core chip maker of the AI craze, expects revenue to increase 70% in the next fiscal year, driving its stock price to the biggest one-day increase since April 2025. The data showed that the forecast was far higher than the average expectation of 45% of analysts. Chief Financial Officer Colette Kress said during the earnings call that if more supplies can be obtained, Nvidia's growth rate will further accelerate. “It's incredible that even though we've reached our current size, demand is still accelerating,” she said. “Customer expectations indicate that our business is expected to double next year.”
Zhitongcaijing · 1d ago
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Nvidia, the core chip maker of the AI craze, expects revenue to increase 70% in the next fiscal year, driving its stock price to the biggest one-day increase since April 2025. The data showed that the forecast was far higher than the average expectation of 45% of analysts. Chief Financial Officer Colette Kress said during the earnings call that if more supplies can be obtained, Nvidia's growth rate will further accelerate. “It's incredible that even though we've reached our current size, demand is still accelerating,” she said. “Customer expectations indicate that our business is expected to double next year.”
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