@Tigerong:
Nvidia expects $108b in Q3 revenue and projects FY28 revenue to grow about 70%. Management explicitly said customer forecasts point to demand that could support roughly doubling again next year, but it’s guiding to only about 70% growth because it doesn’t currently have enough supply to satisfy all that demand. The largest company in the world by market cap, already $5.5T, shouldn’t be growing like a young company. But that’s exactly what Nvidia is doing. It has boomed for three years running, and in the latest quarter, revenue grew 106% and earnings jumped 126%. These are numbers you’d expect from a young, fast growing company, not a megacap. Yet here we are. It’s earnings season, and investors are watching AI-related stocks closely, trying to figure out if the AI trade is alive or dying.
