NVIDIA's latest quarterly adjusted revenue increased by 106% year-over-year, with diluted EPS up 120%. The company projects revenue of $108 billion for the current quarter, exceeding analysts' expectations by $2.5 billion. NVIDIA also forecasts a 70% year-over-year revenue growth for fiscal year 2028, significantly surpassing analysts' estimates of 44%. Despite NVIDIA's expectation that its gross margin will narrow from approximately 75% to 71%-72%, its P/E ratio remains lower than Broadcom's.
Broadcom's latest quarterly adjusted net revenue increased by 86% year-over-year, with diluted EPS up 96%. The company expects revenue of $34.8 billion for the current quarter, slightly below analysts' estimates of $35.03 billion. However, Broadcom CEO Hock Tan anticipates its AI semiconductor revenue to double to $115 billion in 2027 and double again to $230 billion in 2028, with the 2028 guidance exceeding analysts' expectations by $50 billion. Motley Fool analysts believe that despite Broadcom's rapid AI business growth, NVIDIA remains a more attractive investment choice given its scale and projected 70% revenue growth.
Motley Fool Analysis: Three Key Metrics Show NVIDIA Remains the More Attractive AI Chip Stock After NVIDIA and Broadcom Release Latest Earnings Reports
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