OE | 𝔗𝔥𝔢 𝔒𝔭𝔢𝔫 𝔈𝔠𝔬𝔫𝔬𝔪𝔦𝔰𝔱 | Issue #20 Aug 27, 2026 |
The Take
NVIDIA JUST FORECAST 70% GROWTH. THE AI PANIC EVAPORATED
| Nvidia beat expectations with revenue up 106% to $96.2 billion, but the real shock came on the earnings call: CFO Colette Kress said the company expects around 70% revenue growth in fiscal 2028, far above the 44% analysts had modelled. The stock jumped more than 4%, and after weeks of bubble fears, Nvidia just told Wall Street the AI boom is only accelerating. |
By The Open Economist
