NVIDIA is trading $9.70, up +6.24%, after forecasting approximately 70% revenue growth for fiscal 2028, well above analysts’ roughly 44%-45% expectations.
- AI demand is approaching 100%, while supply—not customer appetite—limits expansion.
- The bullish earnings outlook strengthened confidence in sustained AI infrastructure spending and lifted semiconductor and technology shares.
- Nasdaq Composite up 1.19%, reinforcing the technology-sector rally.