Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press convention in the course of the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea.
Woohae Cho | Getty Photos Information | Getty Photos
Nvidia reported fiscal third-quarter earnings and income that topped Wall Road expectations on Wednesday and supplied stronger-than-expected gross sales steering for the fourth quarter.
Shares of the AI chipmaker jumped greater than 5% in prolonged buying and selling.
Here is how the corporate did, in contrast with estimates from analysts polled by LSEG:
- Earnings per share: $1.30 adjusted vs. $1.25 estimated
- Income: $57.01 billion vs. $54.92 billion estimated
Nvidia stated it expects about $65 billion in gross sales within the present quarter, versus $61.66 billion anticipated by analysts.
The corporate stated internet earnings within the quarter rose 65% to $31.91 billion, or $1.30 per share, from $19.31 billion, or 78 cents per share, within the year-ago interval.
Nvidia has grow to be essentially the most precious publicly traded firm, totally on insatiable demand for its AI chips, known as GPUs. Nvidia counts Microsoft, Amazon, Google, Oracle, and Meta as prospects. Its chips are utilized by all of the main tech firms to develop new synthetic intelligence fashions.
Nvidia’s gross sales and outlook are intently watched by the expertise business as an indication for the well being of the AI increase.
“There’s been a whole lot of discuss an AI bubble,” Nvidia CEO Jensen Huang advised buyers on an earnings name. “From our vantage level, we see one thing very totally different.”
Nvidia’s most vital enterprise is knowledge middle gross sales. Nvidia stated it had $51.2 billion in knowledge middle gross sales, simply surpassing analyst expectations for $49.09 billion in gross sales in the course of the quarter, a 66% rise on a year-over-year foundation.
Of that, $43 billion in income was for “compute,” or the corporate’s GPUs. The corporate stated that a lot of the expansion was pushed by preliminary gross sales of the corporate’s GB300 chips. Networking, or elements that permit scores of GPUs to work as one laptop, accounted for $8.2 billion in knowledge middle gross sales.
Nvidia finance chief Colette Kress stated in an announcement that the corporate’s best-selling chip household is now Blackwell Extremely, the second-generation model of the corporate’s Blackwell chips.
Nvidia’s report comes a number of weeks after the corporate’s megacap friends, and main prospects, issued their quarterly outcomes. Microsoft, Meta, Amazon and Alphabet all lifted their forecasts for capital expenditures as a consequence of their AI buildouts, and now collectively count on to spend greater than $380 billion this yr.
Huang stated in an announcement that “cloud GPUs are bought out,” addressing investor considerations over the corporate’s quickly rising gross sales going to a handful of cloud suppliers known as hyperscalers which want to seek out end-users for the chips.
Huang in October stated that the corporate has $500 billion in orders, for 2025 and 2026 mixed, for its AI chips.
“We imagine Nvidia would be the superior selection for the $3 to $4 trillion in annual AI infrastructure construct,” Kress stated on an earnings name with analysts.
Earlier than the AI increase, Nvidia was best-known for making chips for taking part in 3D video video games. Nvidia stated it had $4.3 billion in gaming income, up 30% from the year-ago interval.
One other legacy line merchandise for Nvidia is its skilled visualization enterprise, which reported $760 million in gross sales in the course of the quarter, up 56% on a year-over-year foundation. That included gross sales from a product known as DGX Spark, which is Nvidia’s AI desktop laptop that was introduced earlier this yr.
The corporate has additionally highlighted robotics as one in every of its most vital development areas. Third-quarter automotive and robotics gross sales totaled $592 million, up 32% on an annual foundation.
Nvidia stated that it was “disillusioned” that it can’t ship current-generation Blackwell chips to China. Though the corporate obtained export licenses for the H20 chip, Kress stated that it solely had $50 million of gross sales in the course of the quarter.
“Sizable buy orders by no means materialized within the quarter as a consequence of geopolitical points and the more and more aggressive market in China,” Kress stated.
Nvidia stated it made $12.5 billion of share repurchases and paid $243 million in dividends in the course of the quarter.
That is breaking information. Please verify again for updates.
WATCH: Nvidia posts Q3 beat, CEO Huang says Blackwell chip gross sales ‘off the charts’
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