Nvidia projects data center revenue to hit $1 trillion by 2028, showing strong growth potential
From Nasdaq: 2025-03-25 06:15:00
Nvidia’s stock has seen a decline of over 18% in 2025, sparking concerns about the impact of an uncertain economic outlook on AI spending. However, CEO Jensen Huang remains optimistic, projecting data center revenue to reach $1 trillion by 2028, which would surpass any other company’s revenue total.
Despite the ambitious projection, Nvidia’s data center revenue growth has been strong, with a 93% increase in Q4 revenue. If this pace continues, Nvidia could exceed the $1 trillion target by 2028, potentially generating $560 billion in profits and a 330% increase in stock value.
Investors should monitor Nvidia’s data center revenue growth to gauge the company’s progress towards the $1 trillion goal. Even if Nvidia falls short, its current valuation is reasonable at 26 times forward earnings, making it a promising investment opportunity with room for growth.
Read more at Nasdaq: 1 Trillion Reasons Why Nvidia Stock Is a Screaming Buy Now
