Nvidia’s revenue forecast is so huge that Wall Street wonders if SpaceX is the reason

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Nvidia delivered revenue forecasts described as « shockingly bullish » by analysts. The company expects revenue to grow by more than 70% for the fiscal year ending January 2028. SpaceX recently announced it will exclusively purchase Nvidia chips for its data centers, leading some investors to wonder if this massive spending partly explains Nvidia’s outlook. Other high-profile companies also need increasing processing power.

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