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NVIDIA (NVDA) CFO says seeing demand acceleration even at our scale and revenues to grow about 70% in fiscal 2028, Co. and Amazon (AMZN) to add 2 mln NVIDIA GPUs to AWS by 2028

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NVIDIA projects 70% fiscal 2028 revenue growth and a 2-million-GPU AWS expansion, while memory pricing temporarily pressures gross margins to settle at 72%-73%.

News detail

Says: Margins will decline because of memory pricing and sees margins bottoming in Q4 at 71%-72% and will settle at 72%-73% range.

2 stocks
NVDANvidia Corp$218.64Current priceAMZNAmazon.Com Inc$262.10Current price

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