Nvidia's Demand Is Outpacing Its 70% Growth Forecast, and That Is Just the Beginning

Nvidia's demand for AI chips is significantly outpacing its 70% fiscal 2028 sales growth forecast, with management indicating it could potentially double sales if supply constraints were overcome. The surge is driven by agentic AI adoption, which requires 15-100 times more computing power than human-guided work. S&P Global forecasts $1.3 trillion in tech spending on AI infrastructure next year, positioning Nvidia for sustained long-term growth.