{
  "id": 5074193,
  "title": "Nvidia forecasts 70% revenue jump fueled by exclusive SpaceX deal as Bank of England warns of AI bubble risk",
  "url": "https://urgent.news/2026/09/02/nvidia-forecasts-70-revenue-jump-fueled-by-exclusive-spacex-deal-as",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-02T11:00:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/technology/ai/articles/nvidia-forecasts-70-revenue-jump-110000227.html"
  },
  "original_language": "en",
  "account": "Nvidia has projected a staggering 70% increase in revenue for its fiscal year ending in January 2028, leading Wall Street analysts to deem the forecast as \"shockingly bullish.\" The company's optimism is fueled by the partnership with SpaceX, which is utilizing Nvidia's chip products to achieve the deployment of 10 gigawatts of computing power by the end of the year. Jeff Bezos' platform for investing in rental homes, priced as low as $100, also gained attention in the article, alongside warnings from Dave Ramsey about a significant Social Security mistake made by nearly 50% of Americans. The tax breaks in Trump's bill are set to expire after 2028, prompting investors to take action before the deadline. Nvidia's success is attributed to the high demand for its chip equipment, which has resulted in scarce supplies and rising prices. The company's CFO, Colette Kress, stated that supply is expected to remain a bottleneck until the end of the fiscal year 2028. Nvidia CEO Jensen Huang announced a $500-billion joint effort with Wall Street investment firms to finance the AI boom, though some investors, such as Jeff Gundlach from DoubleLine Capital, dismissed the plan as \"bananas.\" Bank of England governor Andrew Bailey warned of a possible financial crisis if the AI buildout triggers market crashes, citing fragilities in debt markets, private credit vulnerabilities, and high asset valuations in the AI sector as areas requiring constant monitoring.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Sifted",
        "title": "Exclusive: Samsung, Nvidia, ASML and Scaleup Fund back Mistral in €3bn fundraise",
        "url": "https://urgent.news/2026/09/02/exclusive-samsung-nvidia-asml-and-scaleup-fund-back-mistral-in-3bn",
        "published": "2026-09-02T14:34:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}