Gene Munster, managing partner at Deepwater Asset Management, expects Nvidia revenue to grow 90% in calendar year 2027, according to Bloomberg Technology. Speaking on Bloomberg Surveillance, Munster described what has been happening at Nvidia as “breathtaking,” Bloomberg reports. The call comes after a Reuters report, summarized by Techmeme, said Nvidia forecast Q3 revenue of $108 billion, above an estimate of $104 billion. Reuters also reported that Nvidia’s quarterly revenue more than doubled. The same Reuters summary said Nvidia expects FY2028 revenue to grow by about 70%. Nvidia shares rose more than 4% after hours following the forecast, according to the Techmeme summary of Reuters. The two growth figures should be read carefully. Munster’s 90% figure is an investor’s expectation for calendar year 2027; Reuters’ roughly 70% figure is reported as Nvidia’s expectation for FY2028. The summaries do not provide a detailed bridge between the two numbers, so they should not be treated as the same forecast. For now, the evidence points to a market still underwriting very high Nvidia growth after another outsized revenue update. The available summaries do not provide segment detail, margin assumptions, or customer concentration data, so the story is best read as a snapshot of expectations rather than a full earnings analysis. Who benefits: Nvidia and investors already long NVDA benefited from the reported after-hours reaction. The company also benefits from analyst and investor commentary that keeps attention on its revenue growth trajectory. Who's exposed: Investors underwriting slower Nvidia growth are exposed if the company continues to guide above estimates. The risk is that the available summaries do not yet show the assumptions behind the 70% and 90% growth figures.