Nvidia Corp on Wednesday gave a bullish sales outlook for fiscal 2028, easing concerns that artificial intelligence (AI) spending is poised to lose momentum.“We expect to grow revenue by approximately 70 percent in fiscal 2028,” Nvidia chief financial officer Colette Kress said during a post-earning

Analysts closely watch Nvidia as a bellwether for AI and the wider stock market.

Nvidia's sales forecast raises concerns over AI spending momentum. Nvidia largest company by market cap on September 30 at 2.5% YES.