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EN
Nvidia’s Revenue Can’t Double Anymore
['Douglas A. Mcintyre', 'John Seetoo', 'Sep', 'Rich Duprey', 'David Moadel', 'Omor Ibne Ehsan', 'Chris Lange']
24/7 Wall St.
Nvidia Corp. (NASDAQ: NVDA) revenue was $27 billion in its fiscal 2023 and $61 billion in fiscal 2024.
However, Nvidia’s revenue will no longer double.
24/7 Wall St. Key Points: Nvidia Corp. (NASDAQ: NVDA) revenue will no longer double each year.
When there was doubt about AI growth early in the year, the stock actually dropped from $150 a share at the start of 2025 to $92 in April.
“This substantial new load on regional grids, especially in constrained zones, will require new supply build-outs and incremental transmission expansion.”It is not difficult to see that Nvidia’s revenue growth rate could be 50% for several years.
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