Nvidia's Revenue and Profit Surge Amid Strong AI Demand
TL;DR
Nvidia's revenue nearly doubled to $35.1 billion, driven by strong demand for AI chips, particularly in data centers, despite some technical issues with its new Blackwell chips. The company's revenue guidance for the next quarter aligns with expectations, and its shares have surged over 200% this year, reflecting its significant impact on the tech market. Gross margins were 75%, and adjusted net income was $20 billion, surpassing analysts' expectations.
- Nvidia revenue almost doubles on the year even as growth slows from previous quarter Financial Times
- Nvidia nearly doubles revenue on strong AI demand CNBC
- Nvidia’s Profit Doubles as A.I. Chip Sales Soar The New York Times
- NVIDIA Announces Financial Results for Third Quarter Fiscal 2025 NVIDIA Blog
- Nvidia On Deck. Will Report Spark Rally? (Live Coverage) Investor's Business Daily
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