Nvidia CFO Forecasts 70% Revenue Growth by Fiscal 2028

Nvidia expects its artificial intelligence-fueled sales surge to extend well into fiscal 2028, projecting a massive revenue increase driven by sustained global demand for specialized computing hardware, according to statements from corporate executives during a post-earnings conference call on Aug. 27, 2026.

Chief Financial Officer Colette Kress outlined the long-term financial trajectory during the investor presentation covered by Bloomberg. We expect to grow revenue by approximately 70% in fiscal 2028, Kress said during the post-earnings conference call, according to the verified report.

The aggressive fiscal outlook underscores how major technology firms and enterprise customers continue pouring capital into advanced graphics processing units and data center infrastructure. Nvidia sits at the center of this hardware boom, supplying the foundational chips that train and run large language models for cloud providers and corporate developers alike.

Sustained Enterprise Demand Drives Long-Term Projections

The multi-year growth forecast relies on continued expansion across global enterprise technology budgets and hyperscale data center deployments. Industry analysts note that chipmakers face immense pressure to scale manufacturing capacity as customers race to build out competing generative intelligence platforms.

By providing a clear financial benchmark for fiscal 2028, management aims to signal visibility into customer order pipelines that stretch far beyond immediate quarterly results. The projected 70% revenue expansion highlights management confidence in maintaining market share despite emerging competition from rival semiconductor designers and custom silicon initiatives within major cloud firms.

We expect to grow revenue by approximately 70% in fiscal 2028

Colette Kress, Bloomberg