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Nvidia Crushes Estimates With $57 Billion Quarter, Guides to $65 Billion on Surging AI Demand

The results eased AI-bubble jitters by showing demand that outstrips supply.

Overview

  • Revenue rose 62% year over year to $57 billion with net income at $31.9 billion, topping Wall Street expectations.
  • Data Center sales hit $51.2 billion as CEO Jensen Huang said Blackwell orders are “off the charts” and cloud GPUs are sold out.
  • Nvidia forecast roughly $65 billion in revenue for the current quarter, well above consensus estimates near $61.5 billion.
  • Shares climbed as much as about 6% in after-hours trading, and gains extended to major customers across Big Tech.
  • Growth continued despite sharply limited China sales under U.S. export controls, while analysts still point to datacenter build-out, energy constraints and valuation concerns as key risks.