Aug 27, 2026 · 8 min
Nvidia’s forecast lifts tech as software stocks stumble
Nvidia Rallies, Autodesk Falls, Workday Dips
The episode captures a widening split between AI-driven growth expectations and weaker signals from established software businesses.
- 1Nvidia projects 70% sales growth, easing AI-bubble concerns while adding roughly $442 billion in market value.
- 2Autodesk’s earnings miss and choppy second-half outlook weigh on shares despite a stronger full-year revenue forecast.
- 3Workday’s weaker subscription backlog underscores diverging performance across software stocks after recent deal optimism.
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Nvidia’s projected growth is linked to an extraordinary roughly $442 billion increase in market value, dwarfing ordinary single-stock moves.
The brief
Nvidia’s projected 70% sales growth for the next fiscal year fuels a major technology rally, easing concerns that the AI boom has outrun reality.
The scale of Nvidia’s gain—roughly $442 billion in added market value—forces a comparison with major S&P 500 companies and complicates growth modeling.
Autodesk falls after adjusted earnings miss expectations, even as its full-year revenue forecast improves; the tension is a stronger outlook with a potentially choppy second half.
Workday declines after subscription revenue backlog misses Wall Street expectations, highlighting how uneven software performance has become despite optimism around a possible Silver Lake deal.
The episode closes by previewing a discussion with Jacob Greaves, Rohit Krishnan, and Estefanía Tapias on AI, urbanization, and long-term infrastructure planning.
What was said on this episode
14 statements · 6 positive · 6 negative · 2 neutral
Average annual estimates projected 45% growth
“The average annual assessments were for 45%.”
Listen at 1:24
NVIDIA’s growth is difficult for sell-side analysts to model
“it just kind of is difficult for the sell side to really model what the future could look like”
Listen at 1:37
NVIDIA faces risks related to artificial intelligence
“there are AI risks”
Listen at 1:45
NVIDIA finances companies in which it invests, creating circular-financing concerns
“this is a company that's very much financing companies that it's investing in, its own partners. So circular financing concerns.”
Listen at 1:46
NVIDIA represented 52 points of the S&P 500
“NVIDIA was worth 52 points on the S&P 500.”
Listen at 2:48
Autodesk’s third-quarter adjusted EPS missed expectations
“adjusted EPS for the third quarter. Missed expectations”
Listen at 3:21
Autodesk’s full-year revenue forecast beat expectations
“overall full year forecast revenue forecast beating expectations”
Listen at 3:30
Autodesk is likely to experience a choppy second half
“it does seem like it's going to be a choppy second half”
Listen at 3:33
Workday is rumored to be a potential Silver Lake acquisition target
“Workday, which is rumored to potentially be a target for Silver Lake.”
Listen at 4:20
Workday’s subscription-revenue backlog was below Wall Street expectations
“subscription revenue backlog below what Wall Street was looking for”
Listen at 4:35
AI will accelerate processes in smart-city systems
“AI will allow in the smart city space to compress a lot of things. The speed will change.”
Listen at 5:48
Dubai learned substantially from its sudden population increase
“I think Dubai has learned a lot from a sudden increase in population”
Listen at 6:07
Dubai responded very well to its population increase
“I think they reacted very well to it.”
Listen at 6:14
Dubai has a long-term urban-planning vision
“They have a long-term urban planning vision”
Listen at 6:16
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Nvidia Corporation
Palantir
Bloomberg L.P.Books & mentions
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