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NVIDIA (NVDA) Projects Massive 70% Growth Amid AI Boom

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The Story

News Summary

  • Explosive AI-driven demand has led to skyrocketing global semiconductor sales, projected to reach $1.5 trillion in 2026.
  • NVIDIA raised its fiscal 2028 revenue guidance significantly, expecting ~70% growth, far exceeding estimates, despite potential margin pressures from rising memory costs and sector valuation concerns.
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NVDA price history

210.96 +18.92% over the displayed period

Advisor Snapshot

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