Nvidia has reported impressive financial results for the third quarter of fiscal year 2025 and released an optimistic outlook for the months ahead. The company’s revenue rose 62% year-over-year, reaching USD 57 billion—exceeding analysts’ expectations of USD 55.2 billion. Earnings per share came in at USD 1.30, above the forecasted USD 1.26. Even more striking is the company’s guidance for the first quarter of fiscal 2026: Nvidia expects revenue of USD 65 billion, which is USD 3 billion higher than analysts’ estimates.
NVDA shares closed yesterday’s Wall Street session up 2.85% at USD 186.52, and after the earnings release, the stock gained another 5% in post-market trading, reaching USD 196. The NASDAQ 100 index rose 1.76% yesterday and is up an additional 0.75% today.
The largest source of Nvidia’s revenue remains its data center division, which generated USD 51.2 billion—significantly surpassing the forecasted USD 49.3 billion. Gaming chip sales totaled USD 4.3 billion, slightly below the expected USD 4.4 billion. Meanwhile, the company’s market capitalization has grown to USD 4.5 trillion, and its shares have risen 39% since the start of the year. Nvidia continues to dominate the AI chip market, holding more than 90% market share in this segment.
Due to export restrictions imposed by the U.S. government, the company does not expect any revenue from AI chip sales to China at this time. CEO Jensen Huang firmly rejects claims of an “AI bubble,” emphasizing the persistently strong demand for AI accelerators. According to the company’s forecasts, Nvidia’s total revenue in the coming quarters could exceed USD 500 billion—a figure also confirmed by CFO Colette Kress, who noted that this number is likely to continue growing.
The rising demand for Nvidia’s solutions is driven by the rapid development of AI technologies in areas such as robotics and accelerated computing. The company also defends its investments in partners like OpenAI and Anthropic, despite concerns among some investors that such partnerships may artificially fuel demand. Huang points out that customers who have tested competitors’ solutions often return to Nvidia’s products, largely due to the complexity of AI systems, in which Nvidia offers a fully integrated hardware–software platform.
Nvidia’s influence on the entire AI sector remains significant. Following the financial results announcement, shares of companies such as CoreWeave and Nebius also saw gains. Although competitors like AMD, Broadcom, and Qualcomm are intensifying their investments in artificial intelligence, and data center operators are considering developing their own custom chips, Nvidia continues to hold a strong leadership position. Its comprehensive offering—spanning hardware, software, and services—creates a high barrier to entry for rivals.
