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Nvidia's growth driven by AI and SpaceX ties promises 70% revenue rise by 2028 despite market undervaluation.

Analyst Insights
31 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Nvidia is expected to see a 70% revenue growth by fiscal year 2028, fueled by strong demand for AI chips and expanding partnerships, including with SpaceX. The company's growth is diversifying beyond traditional hyperscalers into AI cloud ecosystems, offering additional upside potential. Despite these promising prospects, Nvidia trades at a forward earnings multiple of just 18x, below its historical average, presenting a buying opportunity. Near-term risks include potential data center restrictions and political volatility, but the long-term growth trend remains robust.

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