Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?

Nvidia reported blockbuster Q2 results with revenue more than doubling to $96.22 billion, beating estimates of $92.17 billion, while adjusted profit came in at $2.22 per share versus expectations of $2.10. CEO Jensen Huang projected about 70% sales growth for the next period, signalling that AI computing demand is broadening beyond a few hyperscalers. Based on consensus, Nvidia's fiscal 2027 revenue could reach $673 billion, potentially placing it ahead of Apple and Alphabet. Shares rose nearly 5% in extended trading after the results and outlook.