Nvidia's Growth Accelerates, but Can It Keep Up?

Nvidia's revenue has been accelerating for four quarters in a row, with a staggering 106% year-over-year increase to $96.2 billion in its fiscal second quarter of 2027.

The company's data center revenue grew even faster, climbing 117% to $89 billion, accounting for 93% of Nvidia's total revenue.

Nvidia's management is guiding for a 70% revenue growth in fiscal 2028, citing supply constraints as the limiting factor, not demand.

The company's shares trade at about 28 times earnings, but only about 14.5 times fiscal 2028's forecast.