[Goldman Sachs: NVIDIA's Physical AI Revenue Reaches $11 Billion, Surpassing Last Fiscal Year by Approximately 30%] According to Deep Tide TechFlow, citing research from Trend Research, a Goldman Sachs report dated October 21, 2026, stated that NVIDIA's physical AI revenue for the first half of fiscal year 2027 reached $11 billion, approximately 30% higher than the total revenue for fiscal year 2026. Supply chain substrate capacity expanded by 2.5 times, and CoWoS-R (advanced packaging) capacity expanded by 3 times. The DSX POD reduced data center deployment time from several months to two weeks. Goldman Sachs concluded that AI deployment remains on track, physical AI revenue is diversifying, and supply chain capacity expansion points to a CPU ramp-up higher than previously expected. The firm maintained a "Buy" rating with a target price of $300, which is 38.6% higher than the October 20 closing price of $216.47. Additionally, it authorized a share repurchase of approximately $235 billion. Investors are advised to monitor the scaling of physical AI revenue and the progress of supply chain deliveries.