NVIDIA Corp. is projected to generate $125 billion in revenue for fiscal year 2025, according to recent financial statements. However, analysts are questioning the assumptions behind future GPU orders, particularly in light of potential impacts from competitors such as Super Micro Computer, Inc. (SMCI). Concerns have been raised that NVIDIA may be fabricating future demand to avoid revising down its revenue estimates, which could be overly optimistic given the current market dynamics. Additionally, some analysts believe that revenue growth for NVIDIA may slow significantly after 2025 as major customers, referred to as hyperscalers, begin to utilize their custom chips, potentially affecting the company's long-term financial outlook.