Analysis indicates NVIDIA is poised to achieve $1 trillion in revenue by fiscal year 2029, but Amazon may reach it sooner.
Yahoo Finance analysis indicates that after NVIDIA's Q2 earnings exceeded expectations, its revenue guidance for the next fiscal year (FY2028) shocked investors, with an anticipated 70% growth to between $700 billion and $800 billion. If revenue can grow by another approximately 40% in FY2029, NVIDIA could become the world's first company to achieve $1 trillion in annual revenue. However, Amazon's current annual revenue is already $775 billion, and if it can maintain a 15% annual growth rate, it might reach this milestone sooner than NVIDIA. The rapid revenue growth of both companies is attributed to the demand for artificial intelligence.
Source:Yahoo财经 · Source Link
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