Nvidia Revenue Growth Doubles
Nvidia reported record fiscal second-quarter results Wednesday with revenue more than doubling year over year to $96 billion. After initially falling on the news, the stock rose over 8% overnight. During the earnings call with analysts, CFO Colette Kress guided Nvidia's fiscal 2028 revenue to roughly 70% growth. The forecast implies nearly $700 billion in annual revenue, more than 10% higher than most analysts expected. CEO Jensen Huang one-upped her, alluding that demand is much greater than what they can supply. Even though our demand is much greater than 70%, our supply allows us to…
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