Nvidia stock gains momentum as CEO Jensen Huang forecasts a doubling of 2027 chip sales, supported by a $279 billion supply obligation and surging analyst EPS estimates for fiscal 2028.
Nvidia's CEO confirmed chip sales are expected to double in 2027, driven by the Vera Rubin platform ramp, while analyst EPS estimates have risen sharply.
Nvidia shares climbed 2% to $219 after CEO Jensen Huang confirmed that chip sales are projected to double in 2027. This growth is fueled by the rapid deployment of the Vera Rubin platform, which offers a $40 billion per-gigawatt revenue opportunity, significantly outpacing the Blackwell architecture.
The growth is primarily driven by the Vera Rubin platform, which is expected to be the fastest product ramp in Nvidia's history, offering a $40 billion per-gigawatt revenue opportunity.