Overview
- Nvidia reported fiscal Q3 revenue of $57.0 billion, beating estimates, and projected roughly $65 billion for the current quarter.
- Data center revenue rose to $51.2 billion, up 66% year over year, including $43.0 billion in compute and $8.2 billion in networking driven by NVLink for GB200 and GB300 systems.
- Net income climbed to $31.9 billion; the company ended the quarter with $60.6 billion in cash and returned $12.7 billion via buybacks and dividends.
- CEO Jensen Huang said Blackwell sales are off the charts and cloud GPUs are sold out, underscoring intense demand for AI training and inference.
- Shares advanced in after‑hours trading as the results eased AI‑bubble worries, and Nvidia highlighted new infrastructure partnerships, including an initial 1‑gigawatt build with Anthropic with details still developing.