Big update on demand: Stock goes from up 2% to up 3%. Raised CY27 revenue to be about 7% higher than the Street.
Specifics: Jensen now says through end of CY27 there is $1 trillion in demand for Rubin. Three weeks ago, he was saying CY26 was going to be better than $500B.My take: This implies CY27 revenue of better than $500B. The Street is currently at $468B, so he effectively raised next year’s outlook 7% higher than the Street. $NVIDIA(NVDA.US)Source: Gene Munster
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