Nvidia's latest earnings call is in and, as you can probably guess, the GPU maker turned AI hardware creator is raking in cash hand over fist. But alas, a projected 70% revenue increase for the 2028 fiscal year is apparently conservative, as the blasted memory crisis is getting in the way. You know, that memory crisis, which Nvidia's AI aspirations are currently making worse.

When asked about that 70% figure specifically, CEO Jensen Huang confirmed that it's a "constrained" number that is informed by the lack of available memory in the market

Huang says, "The unconstrained would be a lot higher. We grew 100% year-over-year this year. The unconstrained is significant. And so we're just going to have to work hard to get more capacity. And we have a large supply chain".

Nvidia's financials paint an interesting picture, specifically one where data centers account for the majority of revenue, and consumer demand lacks in response. Nvidia made $96.2 billion in the latest quarter, with a gross margin of 75% and data center revenue accounting for $89 billion. That's a 117% jump from last year.

Annoyingly, Nvidia doesn't report gaming in financial earnings, and instead wraps it into 'Edge Computing', which includes gaming, workstations, physical AI PCs and robotics. That accounts for $7.1 billion in the latest earnings call. That's a 27% jump from last year.

In regard to Edge Computing, Nvidia says "increases were driven by strong sales of Blackwell workstations, partially offset by slower consumer PC sales that were tempered by elevated memory and systems prices."

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