Nvidia Sees 70% Revenue Growth as Rubin Platform Drives Explosive Growth

Nvidia Corporation (NVDA) maintains its Strong Buy rating due to robust revenue guidance and resilient gross margins, despite memory cost pressures.

The company's October quarter revenue is guided at $108 billion, with a 74% gross margin and a 71% margin floor expected for January, surpassing critical thresholds.

Nvidia's Rubin platform drives a 60% increase in revenue per gigawatt, enabling the company to target 70% revenue growth for fiscal 2028, outpacing Wall Street expectations.

While $36 billion in guaranteed AI cloud revenue floors pose potential risks, Nvidia's free cash flow and demand-driven shortages underpin continued growth confidence.