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Nvidia Reports Blowout Q3, Raises Outlook on Surging AI-Chip Demand

Sold-out Blackwell datacenter chips show the depth of AI spending.

Overview

  • Revenue rose 62% to $57 billion and net income reached $31.9 billion, both beating Wall Street expectations.
  • Datacenter sales totaled $51.2 billion as customers expanded AI infrastructure deployments.
  • Nvidia guided to roughly $65 billion in revenue for the next quarter, plus or minus 2 percent.
  • CEO Jensen Huang said Blackwell sales are “incredibly high” and cloud GPUs are sold out.
  • Shares climbed several percent after hours and major tech peers gained, while analysts note ongoing volatility and growth achieved largely without China due to export controls.