Nvidia Tops Estimates, Raises Outlook on Surging AI Data-Center Demand

Overview

• For Q3 fiscal 2026, Nvidia reported revenue of about $57.0 billion, up 62% year over year, and net income of $31.91 billion, up 65%.
• Data-center sales reached a record $51.2 billion, representing roughly 90% of total revenue, with $43 billion from compute and $8.2 billion from networking.
• The company guided to $65 billion in Q4 revenue, plus or minus 2%, topping Wall Street estimates and lifting the stock about 3% to 4% after hours.
• CEO Jensen Huang said demand is accelerating, Blackwell chip sales are exceptionally strong, and cloud GPUs are sold out, and he pointed to a previously announced multiquarter revenue backlog.
• Research commentary highlighted the risk that energy availability and the pace of data-center expansion could constrain how quickly demand translates into further growth.