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Nvidia's 70% growth forecast puts it on track to become tech's No. 2 company by revenue

8/27/2026

The tech sector's revenue hierarchy is shifting.

Nvidia is on track to become the second-largest technology company by revenue, with a 70% growth forecast framing that trajectory, and CEO Jensen Huang said on the earnings call that demand runs well ahead of even that figure.

Huang was direct: "Our demand is much greater than 70%." When a chief executive signals that formal guidance understates actual conditions, the forecast reads as a floor rather than a midpoint.

That framing matters for anyone calculating how long the current demand cycle has to run.

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