# Nvidia predicts AI-driven revenue growth to $350 per share by 2027

Digest AI · Business & Funding · published 2026-10-12T05:55:00Z · updated 2026-10-13T11:00:00Z

Canonical: https://digestai.news/story/ai-stocks-face-selling-pressure-as-sox-index-drops-3-39

## Summary

Nvidia’s stock has surged 23.57% year-to-date, driven by AI demand. The company reported $96.22 billion in Q2 fiscal 2027 revenue, with data center sales at $89.02 billion—a 105.8% year-over-year increase. CEO Jensen Huang stated AI has reached an inflection point, with compute now generating revenue.

Analysts project Nvidia’s stock could reach $350 per share in 2027, up from its current $229.92, citing factors like the Vera Rubin AI accelerator ramp, hyperscaler spending rising to $1.3 trillion, and supply-constrained demand. The company returned $26 billion to shareholders in Q2 and has $99 billion left for buybacks. Risks include higher memory costs and no China data center revenue. Nvidia’s history shows it has delivered triple-digit gains in past years, though reaching $350 would require a 52% increase.

## Key points

- Nvidia’s Q2 fiscal 2027 revenue hit $96.22 billion, with data center sales at $89.02 billion
- Analysts predict $350 per share by 2027, up from current $229.92, based on AI-driven growth
- Vera Rubin ramp and hyperscaler spending of $1.3 trillion in 2027 are key drivers

## Why it matters

Nvidia’s AI-driven growth trajectory could reshape the semiconductor market, benefiting investors and AI infrastructure suppliers. The company’s dominance in AI compute may further solidify its position as a leader in high-performance data centers.

## Sources

1. [Nvidia Stock Has a Massive AI Tailwind. Here’s the Bull Case](https://247wallst.com/investing/2026/10/13/nvidia-stock-has-a-massive-ai-tailwind-heres-the-bull-case) (247wallst.com, 2026-10-13)
2. [US AI Stock Analysis Can you still buy AI stocks? A thorough comparison of NVIDIA, Broadcom, and Micron. The pitfalls of 'cheap AI stocks'](https://note.com/pimentaworks_01/n/n19aac2c05813?hl=en) (note.com, 2026-10-12)

Part of the developing story: [Nvidia Valuation Sparks AI Bubble Debate](https://digestai.news/thread/buffett-s-1999-warning-applies-to-nvidia-s-ai-boom) (2 stories)

## Cite

Digest AI, "Nvidia predicts AI-driven revenue growth to $350 per share by 2027", 12 October 2026, https://digestai.news/story/ai-stocks-face-selling-pressure-as-sox-index-drops-3-39

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