Descriptions:
Bloomberg Tech unpacks Nvidia’s rare long-range earnings guidance, with CFO Colette Kress projecting approximately 70% revenue growth in fiscal year 2028 — a figure that surprised analysts who had modeled around 45% and sent the stock swinging in after-hours trading. Bloomberg Intelligence senior semiconductor analyst Kunjan Sobhani and anchor Ed Ludlow explain why the act of issuing a full fiscal-year guide was itself significant, as Nvidia almost never does this.
The growth drivers cited by Nvidia span hyperscalers, AI labs, AI-native companies, enterprises, and sovereign customers, all simultaneously scaling AI infrastructure. Sobhani emphasizes that the 70% figure actually understates underlying demand — Nvidia remains severely supply-constrained on the memory chip and foundry sides, meaning demand could support even faster growth if supply allowed.
Beyond the headline number, Nvidia disclosed supply commitment details and guided gross margins one year ahead, both departures from past practice. Analysts highlight this additional transparency as particularly useful for understanding Nvidia’s exposure to vendor and circular financing arrangements tied to its evolving cloud business model — details that had been an ongoing concern for investors heading into the print.
📺 Source: Bloomberg Tech · Published August 27, 2026
🏷️ Format: News Analysis
