Nvidia forecasts 70% revenue jump fueled by exclusive SpaceX deal as Bank of England warns of AI bubble risk - Yahoo Finance

NVIDIA forecasts a 70% revenue increase through fiscal year 2028, largely driven by an exclusive deal with SpaceX. The partnership is central to SpaceX's goal of deploying 10 gigawatts of computing po... Read original →

NVIDIA’s 70% revenue forecast stems from its exclusive partnership with SpaceX, signaling a pivotal shift in AI infrastructure deployment. This collaboration will drive adoption of its 3nm and EUV chips in aerospace AI computing, reinforcing its dominance in high-end GPU markets. Upstream, this fuels demand for semiconductor materials, EDA tools, and packaging, while downstream sectors like cloud computing and autonomous driving gain momentum. However, geopolitical risks persist, especially with U.S. export controls tightening, potentially constraining global supply chains. Any disruptions in China Taiwan or China Hong Kong could severely impact production and costs. Competitively, AMD and Intel may accelerate AI chip launches to challenge NVIDIA’s market share. While AI bubble concerns grow—particularly from the Bank of England—NVIDIA’s strong Q2 revenue and stock performance reflect investor confidence. Over the next 12–24 months, AI investment will shift toward edge computing and quantum technologies. NVIDIA’s ability to sustain innovation will determine whether it maintains its lead or faces obsolescence.