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NVIDIA Q2 Revenue Hits Record $96 Billion, Forecasts 70% Growth by FY2028, Jensen Huang Says Growth Would Be Higher Without Constraints
NVIDIA announced its Q2 FY2027 earnings, with total revenue reaching a record $96 billion and data center revenue at $89 billion. The company expects total revenue for Q3 to reach $108 billion. CFO Colette Kress rarely provided a long-term outlook, projecting revenue to grow by approximately 70% year-over-year in FY2028 (corresponding to calendar year 2027). CEO Jensen Huang emphasized that the 70% growth is a result of capacity constraints, and the real market demand growth rate far exceeds 100%.
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