**Nvidia’s Growth Projections Highlighted in Fiscal 2028 Guidance**
Nvidia (NASDAQ: NVDA) is forecasting a 70% revenue growth for its fiscal 2028, which ends in January 2028. This ambitious projection comes during its fiscal 2027 second-quarter conference call, where the company reported an average expected revenue of $411 billion for the current fiscal year. With a profit margin of approximately 60%, this growth could yield nearly $700 billion in revenue and $419 billion in net income, significantly surpassing this year’s numbers.
To achieve a market cap of $10 trillion, Nvidia would need to trade at 24 times its earnings. Currently, with a market cap around $5.3 trillion, analysts believe that this target is within reach, driven by increasing demand for its graphics processing units (GPUs) crucial for AI workloads.
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