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NVIDIA expects chip sales to double in 2027, boosting shares above $219.

Market News
17 Sep 2026
24/7 Wall Street
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Bullish
NVIDIA expects chip sales to double in 2027, boosting shares above $219.

NVIDIA's CEO Jensen Huang announced that chip sales in 2027 are projected to double compared to 2026, driven by the Vera Rubin platform and continued Blackwell deployment. This growth outlook has pushed NVIDIA shares up 2% to $219, nearing their 52-week high. The company’s supply commitments and AI cloud partnerships underscore strong demand, with revenue estimates for fiscal 2028 rising to about $678 billion. Investors will watch the upcoming Q3 report for confirmation of Vera Rubin's impact on data center revenue.

As of Sep 17, 2026 23:21 WIB, Nvidia shares on Pluang trade at USD 218.89, up 2.33% for the day, reflecting strong investor interest following the company's optimistic chip sales forecast for 2027. The stock's market capitalization stands at $5.17 trillion, with buyers making up 61% of order activity on the platform. This notable market cap highlights Nvidia's significant presence in the technology sector.

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