Nvidia Q3
Nvidia delivered another blockbuster quarter, easily clearing Wall Street expectations as the global AI build-out continues at full throttle.
Adjusted EPS landed at $1.30 (expected 1.24), while revenue surged to $57.01bn (est. $55.19bn). Gross margin remained exceptionally strong at 73.6%, highlighting Nvidia’s pricing power and still-tight supply of top-end accelerators.
Data-centre performance once again dominated the quarter. Revenue hit $51.2bn, far above consensus, fuelled by unrelenting demand for H100 systems and the transition into next-generation Blackwell platforms. CEO Jensen Huang underscored the intensity of demand, saying “Blackwell sales are off the charts” and “cloud GPUs are sold out.”
Nvidia said customers continue to pull forward orders ahead of Blackwell’s full-scale ramp, with visibility extending into 2026 across hyperscalers, sovereign AI programmes, and enterprise verticals.
Looking ahead, Nvidia guided 4Q revenue to $63.7bn–$66.3bn, topping the Street’s ~$62bn. Management reiterated that Blackwell volume shipments begin early next year, with demand well above current production capacity.
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Earnings call due at 5pm US Eastern time.
This article was written by Eamonn Sheridan at investinglive.com.