NVIDIA Corporation (NASDAQ: NVDA) Projects 70% Revenue Growth by Fiscal 2028

This forecast surpasses previous analyst estimates and positions the company ahead of Apple and Alphabet. Sustainable Growth Advisers (SGA) identified NVIDIA Corporation (NASDAQ: NVDA) as a top contributor to performance in its Q2 2026 investor letter. The firm noted that demand for AI infrastructure remains strong despite ongoing debates regarding the sustainability of AI investment. NVIDIA Corporation (NASDAQ: NVDA) also reported that networking sales now run at approximately $60 billion annualized, with the new Vera processor expected to add $20 billion. To support these growth targets, the company committed to returning at least half of its cash to shareholders, including a planned $25 billion in quarterly buybacks. The company maintains a strong cash position, holding $60.6 billion in cash and investments against $8.5 billion in debt. Despite potential competition from in-house chips developed by tech leaders and geopolitical risks regarding sales into China, the company remains a leader in AI systems and GPU design.