Nvidia recently predicted that its revenue growth for the current quarter would maintain the swift pace set by Q3 2025, likely due to the increased demand for AI chips.
The chipmaker expects its Q4 sales to jump 65 per cent year-on-year to $65 billion.
CEO Jensen Huang said Blackwell sales “are off the charts, and cloud GPUs are sold out”.
CFO Colette Kress noted in its earnings call the Q3 results position it towards “a $500 billion opportunity for Blackwell and Rubin platforms” to end-2026, with aggregate demand likely to increase. “There’s definitely an opportunity for us to have more on top of the $500 billion that we announced”. She added “sizable purchase orders never materialised” in the quarter due to geopolitical issues and the increasingly competitive market in China.
Net profit in Q3 jumped 65 per cent to $31.9 billion, while revenue grew 62 per cent to $57 billion.
Data centre sales increased 66 per cent to $51.2 billion, driven by what it called three platform shifts: accelerated computing, powerful AI models and agentic applications.
Founder of industry blog Radio Free Mobile Richard Windsor noted the company continues to have more demand than it knows what to do with, meaning revenue is mostly driven by how much capacity it has reserved at Taiwan Semiconductor Manufacturing Company. He added this is how Nvidia has managed to “shrug off the impact of China going to zero with barely a ripple” to its financial performance.
Kress noted Blackwell Ultra is its leading architecture across all customer categories, while the previous generation saw continued strong demand. Sales of H20 chips, designed for China, were insignificant in Q3, she added.
Gaming revenue increased 30 per cent to $4.3 billion.
R&D expenses for the first nine months grew 41 per cent to $13 billion.
Source: Mobile World Live
Image Credit: Nvidia
