# Nvidia forecasts $108 billion revenue for October quarter

> Nvidia expects an 89% year‑over‑year rise, driven by booming demand for its AI GPUs.

Oossa · 2026-10-10 · https://oossa.com/en/nvidia-forecasts-108-billion-revenue-for-october-quarter

Nvidia said it expects to earn $108 billion in revenue for the October quarter, almost double the same period last year. The boost comes from record demand for its GPUs, which power AI workloads in cloud services and specialist providers. The company’s stock hit a new record, pushing its market value close to $6 trillion. Nvidia sees its customer base expanding beyond the big cloud providers to dozens of new “neocloud” firms.

## The facts

- Revenue forecast: $108 billion for the October quarter
- Year‑over‑year increase: 89 %

## Why it matters

Enterprises will face higher GPU prices and must diversify where they source AI compute.

## Sources & references

1. [Nvidia GPUs are everywhere. Here are the ways companies are accessing them](https://www.cnbc.com/2026/10/10/nvidia-gpus-are-everywhere-heres-how-companies-access-them.html) – CNBC, 2026-10-10

Last updated: 2026-10-10