Overview
- Nvidia posted third-quarter revenue of about $57.0 billion and profit of $31.9 billion, both above expectations, with sales up 62% year over year.
- Management forecast roughly $65 billion in fourth-quarter revenue and pointed to about $500 billion in chip bookings through 2026, with margins seen in the mid‑70% range.
- Data-center sales reached approximately $51.2 billion, while China-specific H20 revenue was about $50 million as export limits and competition curbed orders.
- Shares rose around 5% in premarket trading, set to add roughly $220–$243 billion in market value, and gains spread across global chip and AI-linked stocks.
- Analysts flagged ongoing risks including four customers representing 61% of sales, about $26 billion in rent‑back/vendor‑financing contracts, and capacity constraints in power and data-center buildouts.