Nvidia guides October-quarter revenue to $108 billion, keeps gross margin floor at 71%
AI Market Summary
Nvidia raised confidence with strong revenue guidance and gross margins that remain above key thresholds despite memory cost pressures. Management's commentary on Rubin improving revenue per gigawatt and a path toward faster multi-year growth outpacing Street expectations supports a constructive near-term narrative for AI hardware demand. The main overhang is execution and counterparty risk tied to sizable guaranteed AI cloud revenue floors, partially offset by robust free cash flow and supply-driven scarcity.
Impact level
● High
Affected assets
NCSKNVDA2USD/USDT+1.93%
AI Insight · NCSKNVDA2USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Nvidia guided October-quarter revenue to $108 billion and forecast a 74% gross margin, while setting a 71% gross-margin floor for January—both above key thresholds. The company said the Rubin platform lifts revenue per gigawatt by 60%, supporting a target of 70% revenue growth in fiscal 2028 that it expects to outpace Wall Street forecasts. Risks include $36 billion in guaranteed AI cloud revenue floors, though free cash flow and demand-driven shortages are cited as supports for continued growth confidence.
