NVIDIA FY2028 Revenue Projected at $544B by S&P; China GPU Market Share Near Zero
NVDA sits 46% above its 52-week low of $140.855.
Summary
S&P projects NVIDIA's revenue to surge to $544 billion by FY2028, a massive increase from current levels, with robust EBITDA margins and free cash flow. Bank of America also raised its 2030 global server CPU market forecast to over $170 billion, identifying NVIDIA as a key beneficiary. This strong outlook is tempered by reports that NVIDIA's GPU market share in China is now near zero due to US export limits, creating a significant revenue risk. The company also expanded its partnership with Microsoft for AI workloads and invested in German robotics firm Neura Robotics.
At the time of this announcement, NVDA was trading at $205.96 on NASDAQ in the Technology sector, with a market capitalization of approximately $5T. The 52-week trading range was $140.86 to $236.54. This news item was assessed with neutral market sentiment and an importance score of 9 out of 10. Source: Wiseek News.