Nvidia Maintained at Strong Buy with $108 Billion Revenue Guidance

Key Facts

1Nvidia guides October quarter revenue at $108 billion with resilient gross margins despite cost pressures.

2The company targets 70% revenue growth for fiscal 2028, driven by the efficiency of the Rubin platform.

Amid the rapid expansion of the artificial intelligence sector, Nvidia has maintained its "Strong Buy" rating based on optimistic financial outlooks. According to reports, the company guides October quarter revenue at $108 billion, maintaining resilient gross margins despite rising memory cost pressures. Furthermore, Nvidia is targeting a 70% revenue growth for fiscal 2028, a goal primarily driven by the anticipated efficiency of the new Rubin platform.

These projections arrive as semiconductor stocks show varied performance, with Nvidia shares closing at $227.38 per market data on September 21, 2026. In comparison to its peers, AMD closed at $615.52, while TSM stood at $445.14 and INTC at $121.78 on the same date. These figures highlight investor confidence in Nvidia's market leadership within the advanced chip manufacturing landscape relative to its competitors.

Looking ahead, traders are monitoring the stock's technical levels after it reached a day high of $228.5 and a low of $221.56 as of the September 21, 2026 close. With no immediate high-impact technology catalysts in the upcoming economic calendar, market focus remains on the company's ability to execute its long-term growth targets and outpace Wall Street expectations regarding the Rubin platform's deployment.