Nvidia tells JPMorgan unconstrained demand could more than double the business

Nvidia $NVDA reportedly told JPMorgan that without supply constraints, its business could more than double year over year even against already aggressive fiscal 2028 growth expectations of roughly 70%.
The more significant implication is that Nvidia communicated the outlook early because management believed Wall Street estimates were too low and could distort supply-chain planning.
The message therefore appears aimed not only at resetting investor expectations, but also at encouraging the semiconductor ecosystem to prepare for a substantially larger demand curve.