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Nvidia (NVDA) Skyrockets on Stellar FY28 Revenue Forecast

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The Story

News Summary

  • Nvidia (NVDA) shares surged 5% after-hours after the company issued a remarkably strong fiscal 2028 revenue growth forecast of approximately 70%.
  • This bullish outlook alleviated investor fears regarding the profitability of heavy AI infrastructure spending, overshadowing a slight miss on current quarter revenue estimates.
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NVDA price history

218.29 +19.87% over the displayed period

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