Nvidia's latest earnings call is in and, as you can probably guess, the GPU maker turned AI hardware creator is raking in cash hand over fist. But alas, a projected 70% revenue increase for the 2028 fiscal year is apparently conservative, as the blasted memory crisis is getting in the way. You know, that memory crisis, which Nvidia's AI aspirations are currently making worse.
When asked about that 70% figure specifically, CEO Jensen Huang confirmed that it's a "constrained" number that is informed by the lack of available memory in the market
Huang says, "The unconstrained would be a lot higher. We grew 100% year-over-year this year. The unconstrained is significant. And so we're just going to have to work hard to get more capacity. And we have a large supply chain".
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