Lookonchain APP

App Store

Goldman Sachs: Nvidia projected to see 70% revenue growth in fiscal 2028, with AI demand outlook remaining strong.

2026.08.27 23:44:36

Goldman Sachs analyst Jim Schneider told CNBC in an interview that NVIDIA’s just-released fiscal 2027 second-quarter results beat market expectations, while its next-quarter revenue guidance also exceeded analyst projections. Driven by the company’s optimistic outlook for revenue growth in the coming fiscal year, NVIDIA’s stock rose roughly 4% in after-hours trading. Schneider noted that NVIDIA expects to post around 70% revenue growth in fiscal 2028, a sign that demand for AI infrastructure remains robust. The market’s current focus has shifted from short-term performance to whether the AI computing power investment cycle can sustain, and whether NVIDIA’s multi-year high growth expectations will be delivered.

Relevant content

Seven co-founders of Anthropic plan to cash out $1.75 billion in its blockbuster IPO.

According to the latest prospectus released on Tuesday, the seven co-founders of Anthropic PBC will collectively sell shares worth $1.75 billion in next week's initial public offering (IPO). Calculated based on the midpoint of the IPO's price range, each co-founder plans to sell shares worth approximately $250 million. According to the Bloomberg Billionaires Index, at this valuation, each co-founder's net worth will reach around $180 billion. The San Francisco-based company is seeking to raise up to $90.4 billion through its IPO and private placement, corresponding to a valuation of roughly $1.4 trillion. Per deal terms reviewed by Bloomberg, the IPO is scheduled to be priced on November 18 and start trading the next day.

33 minutes ago

Microsoft's market cap has surpassed Nvidia's for the first time since June 2025.

According to data from the BIT stock platform, Microsoft (MSFT.O) has surpassed Nvidia (NVDA.O) in market capitalization for the first time since June 2025.

33 minutes ago

Secretary of Iran's Supreme National Security Council: Iran and the United States are not currently holding any negotiations.

Secretary of Iran's Supreme National Security Council Rezaei stated that Iran and the United States are currently not engaged in any negotiations.

33 minutes ago

The yield on the 10-year U.S. Treasury note has risen back to 5%, marking its first time at that level since November.

The yield on the 10-year U.S. Treasury has rebounded to 5%, marking its first such level since November.

33 minutes ago

Goldman Sachs, Citigroup and other banks have pledged around $270 million in funding support for the joint stablecoin project.

According to a Bloomberg report, sources familiar with the matter disclosed that multiple financial institutions including Goldman Sachs Group, Citigroup, Banco Santander, and Deutsche Bank have committed around $270 million in funding for a joint stablecoin project. The funds are earmarked to cover the new company’s five-year operating costs, the sources added. Earlier this year, a group of 21 institutions unveiled plans for the firm, which will act as the issuer of a U.S. dollar stablecoin and is expected to be registered in the United States. The sources spoke on condition of anonymity due to the non-public nature of the information involved.

33 minutes ago

Morgan Stanley's ETF address transferred 48,828 SOL tokens to Coinbase, valued at approximately $4.01 million.

According to monitoring by Onchain Lens, Morgan Stanley transferred 48,828 SOL tokens from its MSOL Solana ETF wallet to Coinbase Prime approximately 10 minutes ago, with the transaction valued at roughly $4.01 million.

33 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano