Rumor
Claim of $100B Quarterly Order Book for NVIDIA
Friday, November 28, 2025 at 03:12 PM
An unconfirmed report suggests that NVIDIA's total order book is now running at approximately $100 billion per quarter, which is cited as the basis for projecting massive market capitalization growth.
Context
A viral claim suggests Nvidia has a $100 billion per quarter order book, fueling speculation of a rapid ascent toward a $6 trillion valuation. This figure significantly outpaces the company's recent performance and official guidance. For its latest reported quarter (Q3 FY26), Nvidia posted a record $57 billion in revenue and guided for approximately $65 billion in the upcoming fourth quarter. While demand is exceptionally strong, with management stating "the clouds are sold out," the $100 billion quarterly figure remains unconfirmed by the company.
The rumor appears to be an exaggeration of Nvidia's publicly disclosed long-term demand visibility. CEO Jensen Huang has referenced a $500 billion sales forecast for its chips, but this figure spans the entirety of calendar years 2025 and 2026. Other reports point to $307 billion in booked orders through the end of 2026. This indicates a massive, multi-year backlog, but it does not equate to a $100 billion quarterly run-rate at present. Investors are watching for any official updates on booking metrics.
Sources (29)
Nvidia (NVDA) Q3 2026 Earnings Call Transcript | The Motley FoolPeter Thiel's fund offloaded Nvidia stake in third quarter, ...NVIDIA Corporation (NVDA) Stock Earnings Call TranscriptsNvidia Crushes Estimates with Record Revenue, Forecasts ...NVIDIA's valuation risks: Circular financing, overcapacity, and ...NVIDIA invests $100B in OpenAI, a vendor financing dealNvidia Stock Forecast: The Path To $6 TrillionNvidia Stock Up 1,124%. Other Winners And Whether To Buy $NVDA
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