Nvidia projects $673B in sales as AI demand widens

Nvidia projects fiscal 2028 revenue of $673 billion, a 70% increase from $96.2 billion in fiscal 2027 Q2. Data-center revenue is expected to rise to $89 billion. Growth is driven by demand from regional AI firms, startups, and enterprises, not just hyperscalers. Supply constraints cap higher estimates. This forecast places Nvidia ahead of Apple and Alphabet in U.S. tech revenue, with Amazon the only larger U.S. tech company.