Jensen Huang says "customers’ forecasts point to our growth doubling next year" on Nvidia revenue outlook

In a stock-market commentary on the AI trade, Nvidia CEO Jensen Huang was quoted as saying customer projections suggest another year of much faster revenue growth, perhaps twice as rapid, even though Nvidia remains production-limited. The commentary covers Nvidia alongside Micron and SanDisk, three chipmakers that have surged in 2026. Nvidia recently posted $96 billion in second-quarter revenue and guided third-quarter revenue to about $108 billion, with fiscal 2028 growth near 70%. Hyperscaler capital spending is projected at $1.3 trillion in 2027, contributing to Wall Street’s targets. Nvidia closed at $220.78, below analysts’ consensus near $323.42.