Nvidia Set for Wild Numbers Despite Massive Size

Nvidia's growth story is far from over, despite its massive size. The company has reported triple-digit revenue growth and 75% gross margins in its recent earnings report.

Revenue in the second quarter of fiscal 2027 was $96.2 billion, up 106% from a year ago, with $89 billion coming from its data center segment.

Nvidia's CEO Jensen Huang believes that AI infrastructure spending will reach $3 trillion to $4 trillion by 2030 and that Nvidia will double its chip sales in the coming year.

Analysts are extremely bullish on Nvidia stock, with price targets ranging from $390 to $515 per share.