Nvidia delivered another strong quarter propelled by rapid adoption of advanced AI systems and expanding data center investments. The company posted third quarter revenue of 57 billion dollars, up 62 percent from a year earlier, outpacing Wall Street estimates. Net income reached 32 billion dollars, rising 65 percent from the same period last year.
The results underscore Nvidia’s central role in supplying the high performance chips used to train and deploy generative AI models. Data center revenue reached 51.2 billion dollars in the quarter, a new record and a 25 percent increase from the previous quarter. Year over year, data center revenue climbed 66 percent, reflecting widespread demand for GPU compute across cloud service providers, enterprises, and national AI initiatives.
Revenue from the company’s gaming business totaled 4.2 billion dollars. The remaining revenue came from its professional visualization and automotive units. Although smaller in scale, these segments continued to benefit from Nvidia’s broader technology ecosystem.
Blackwell GPUs Lead Growth
Chief Financial Officer Colette Kress said the company’s data center growth reflects the acceleration of computing requirements and the rise of agentic AI applications. She highlighted that during the quarter, Nvidia announced AI factory and infrastructure projects representing a combined deployment of five million GPUs.
The company’s Blackwell Ultra GPU, introduced in March, has become the leading product within its data center lineup. Other Blackwell based configurations also saw strong demand. Founder and Chief Executive Jensen Huang described the momentum as unprecedented, noting that cloud GPU supply is sold out.
Huang said compute demand across both training and inference continues to expand at an exponential pace. He characterized the current environment as a virtuous cycle for AI adoption, marked by new model developers, startup formation, and increased deployment across industries and global markets.
One area of weakness was Nvidia’s H20 data center GPU, which recorded shipments of 50 million units. Kress said the product faced challenges due to the company’s inability to sell more competitive data center compute products into China under current geopolitical restrictions. She noted that sizable purchase orders did not materialize and emphasized the company’s continued engagement with both U.S. and Chinese authorities.
Strong Outlook
Nvidia expects momentum to continue into the fourth quarter, forecasting revenue of 65 billion dollars. The guidance lifted the company’s shares more than four percent in after hours trading.
Despite frequent industry debate about an AI market bubble, Huang said the company sees sustained expansion rather than overheating. He pointed to the broad and increasing integration of AI across global industries as a sign of long term structural growth rather than speculative activity.
