Framing Analysis
Nvidia forecast 70% revenue growth for fiscal 2028 and current-quarter sales above estimates, with CEO Jensen Huang citing an AI inflection point and greater visibility. Shares fell nearly 12% from their May peak while at least 10 brokerages raised price targets. Premarket share movements were reported differently across sources, and the company arranged $105 billion in backstops for an Ohio compute campus leased to OpenAI.