# Nvidia forecasts 70% fiscal 2028 growth, citing AI demand

_Tuesday, August 25, 2026 at 8:00 PM EDT · AI, Infrastructure · Latest · Tier 1 — Major_

![Nvidia forecasts 70% fiscal 2028 growth, citing AI demand — Primary](https://forgeeks.net/nvidia-673-billion-ai-growth-forecast/og/)

Nvidia CFO Colette Kress on Aug. 26 forecast 70% revenue growth in fiscal 2028, which the report says would imply about $673 billion in annual sales if Wall Street's fiscal 2027 consensus holds. The article says Nvidia recorded $96.2 billion in quarterly revenue and $89 billion in data-center revenue, while shortages of components including memory constrained its forecast. Nvidia said it expects regional AI companies, neocloud providers, startups and enterprises to broaden demand beyond hyperscalers.

## Sources

- [forgeeks.net](https://forgeeks.net/nvidia-673-billion-ai-growth-forecast/)

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