Nvidia CEO Doubles Chip Forecast Amid Discrepancy with Official Guidance
Nvidia (NVDA) founder and CEO Jensen Huang recently stated that the company expects to sell twice as many chips over the coming year, according to Bloomberg. This forecast contrasts sharply with Nvidia's official guidance for about 70% revenue growth in fiscal year ending January 2028, which implies a total of roughly $673 billion in revenue. The discrepancy between Huang’s verbal projection and written financial forecasts has raised questions among analysts. If chip unit sales double while revenue grows only by 70%, the average revenue per chip would decline by approximately 15%. This could indicate either an optimistic demand outlook, a shift toward lower-margin products like laptop GPUs or automotive chips, or unconfirmed supply plans. Nvidia has historically used different communication channels to convey cautious written guidance and more ambitious verbal forecasts. While this strategy helped the company consistently exceed expectations in recent years, it now appears that investors may need to reassess how much weight they give Huang’s public statements versus official financial projections.
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