Nvidia Reports Historic Quarter, Signals Even Bigger Growth Ahead
Nvidia delivered another explosive quarter, reporting $57 billion in revenue—a 22% increase from the previous quarter and a 62% surge year-over-year. Earnings per share climbed to $1.30, sparking an immediate market reaction: NVDA shares jumped over 5% after hours, adding $200 billion in market value within minutes.
The Data Center segment, fueled by insatiable global demand for AI infrastructure, accounted for $51.2 billion—nearly 90% of total revenue. CEO Jensen Huang described a "rapid compounding cycle" of model growth and compute needs, underscoring Nvidia's dominance in AI hardware.
Strategic partnerships with OpenAI, Microsoft, and Google Cloud expanded during the quarter, alongside new product launches like Rubin CPX GPUs. The company achieved a manufacturing milestone with U.S.-based production of Blackwell wafers at TSMC's Arizona facility.
While gaming and automotive segments posted double-digit growth, Nvidia's trajectory remains tethered to AI. The company forecasts Q4 revenue of approximately $65 billion, signaling unrelenting demand for its chips.