Nvidia's Demand Is Outpacing Its 70% Growth Forecast, and That Is Just the Beginning

There may be no better company to represent the AI boom than Nvidia (NASDAQ: NVDA). Its graphics processing units (GPUs) are the backbone of artificial intelligence data centers, and in just three years, the company's market cap has skyrocketed by 445% to $5.5 trillion, making it the most valuable company in the world.

What continues to impress many investors is that Nvidia isn't done growing yet. In its fiscal 2027 second-quarter report, Management forecast that in fiscal 2028, its sales will rise by 70%, thanks to continued demand for AI chips.

But what's really interesting is that Nvidia leadership said it could double its sales in fiscal 2028 if it were able to overcome the constraints on the supply of commodities needed to produce its hardware.

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