Public Event Detail
NVDA Stock: S&P Global Lifts Rating, Sees Over $500B Revenue By 2028
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Event summary
S&P Global Ratings has upgraded Nvidia's rating to 'AA' from 'AA-', projecting significant revenue growth to over $500 billion by 2028, driven by "insatiable demand for AI systems." The firm also anticipates a substantial increase in free operating cash flow and notes Nvidia's strong product roadmap with Blackwell and Rubin architectures. Despite the positive outlook, S&P Global highlighted risks such as reliance on TSMC for manufacturing and the impact of capital market conditions and energy availability on AI infrastructure demand.