Nvidia has released its financial results for the third quarter of fiscal year 2025, surpassing analysts’ expectations and setting new records. The company’s quarterly revenue rose 62% year-over-year to $57 billion, while net income increased 65% to $31.91 billion (or $1.30 per share).
The Data Centers segment drove the majority of revenue, generating $51.2 billion, largely from the sale of computing resources such as graphics processors.
CEO Jensen Huang noted that demand is currently highest for second-generation Blackwell Ultra chips, with all manufactured products immediately sold. Rejecting claims of an “AI bubble,” Huang expressed optimism about Nvidia’s future outlook. The company expects Q4 revenue to reach $65 billion. Following these positive results, Nvidia’s stock rose to $196 in pre-market trading.
