NVIDIA Crushes Earnings Estimates with $65 Billion Revenue Outlook
Chipmaker dismisses 'AI bubble' fears as Blackwell demand outstrips supply.
NVIDIA delivered a decisive rebuttal to Wall Street skeptics, reporting fiscal third-quarter revenue of $57.0 billion and forecasting a massive $65.0 billion for the current quarter. The results, released after the closing bell, dismantled the narrative that AI infrastructure spending is slowing down.
The "Virtuous Cycle" of Compute
CEO Jensen Huang characterized the current market environment as a "virtuous cycle of AI," where increased compute power enables new capabilities that, in turn, drive further demand. * Data Center Dominance: The Data Center segment generated $51.2 billion, up 66% from the previous year. * Blackwell Acceleration: Management confirmed that the …
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