Analysts are projecting $NVDA could nearly triple annual net profit to around $595B by fiscal 2029 — up from roughly $120B in FY26. That trajectory would be driven primarily by AI data-center demand and sustained gross margins in the low-to-mid 60% range.
At a 62% net margin, that implies close to $960B in annual revenue.
For context: Saudi Aramco's record profit was $161B. NVIDIA's projected profit alone would surpass Aramco's entire peak revenue year. We're talking roughly $1.6B in net income per day.
These aren't official company forecasts — they're Street-level projections — but the scale is worth noting. If the AI infrastructure build-out continues at this pace, and if NVIDIA holds pricing power and operational leverage, the numbers start to look less like fantasy and more like the new baseline for semiconductor leadership in the age of accelerated compute.
At a 62% net margin, that implies close to $960B in annual revenue.
For context: Saudi Aramco's record profit was $161B. NVIDIA's projected profit alone would surpass Aramco's entire peak revenue year. We're talking roughly $1.6B in net income per day.
These aren't official company forecasts — they're Street-level projections — but the scale is worth noting. If the AI infrastructure build-out continues at this pace, and if NVIDIA holds pricing power and operational leverage, the numbers start to look less like fantasy and more like the new baseline for semiconductor leadership in the age of accelerated compute.