Nvidia reported third-quarter revenue of $57 billion, representing a 62 percent annual increase, while projecting $65 billion for the fourth quarter as demand for artificial intelligence processors continues accelerating. Chief executive Jensen Huang stated that Blackwell graphics processing units are experiencing exceptional sales volumes, with cloud computing capacity completely reserved by customers.
The company generated $51.2 billion through data center operations, accounting for approximately 90 percent of total revenue, while net income reached $32 billion. Chief financial officer Colette Kress disclosed that Nvidia announced infrastructure projects encompassing 5 million graphics processing units during the quarter, with orders coming from cloud service providers, national governments, enterprises, and supercomputing facilities across multiple regions.
The company generated $51.2 billion through data center operations, accounting for approximately 90 percent of total revenue, while net income reached $32 billion. Chief financial officer Colette Kress disclosed that Nvidia announced infrastructure projects encompassing 5 million graphics processing units during the quarter, with orders coming from cloud service providers, national governments, enterprises, and supercomputing facilities across multiple regions.
