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NVIDIA raised its FY2028 revenue growth guidance to 70%, significantly exceeding market expectations, boosting AI stocks and driving the KOSPI up by 1.3%.
NVIDIA stated on its earnings call that it expects revenue growth of approximately 70% for fiscal year 2028, significantly exceeding the market's previous consensus estimate of 45%. This better-than-expected guidance reignited market confidence in the AI investment cycle, driving NVIDIA's after-hours stock price up by 4.7% and boosting AI-related stocks such as Marvell and SanDisk. Nasdaq 100 index futures rose by 0.9%. Meanwhile, stock markets in the Asia-Pacific region were also buoyed, with South Korea's KOSPI index gaining 1.3%.
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