Overview
- Recent coverage reiterates Nvidia’s record Q3 FY2026 results with $57 billion in revenue, roughly $51–51.2 billion from data centers, and gross margins above 73%.
- Management says cloud providers remain sold out of Nvidia hardware and confirms a roughly $500 billion backlog expected to be fulfilled over six quarters into early 2027.
- Blackwell GB300 chips account for a large share of current sales, while the next platform, Rubin, is slated for 2026 and is positioned to extend performance leadership.
- Analyst commentary and investor notes project further gains into 2026, including forecasts that shares could top $300, alongside average 12‑month targets in the low‑to‑mid $200s.
- A recurring caution in the reporting is Nvidia’s concentration risk, with about 90% of quarterly revenue tied to data centers and greater vulnerability if AI spending slows.