Nvidia earns 31,910 million in the third quarter, 65% more, thanks to data centers

Nvidia once again demonstrated this Wednesday why it has become the emblem of the global fever for AI. The American company announced a profit of $31.91 billion in its third fiscal quarter, a jump of 65% compared to the previous year, driven by the unstoppable growth of its data center business.

The leading company in artificial intelligence (AI), which published its results at the close of the stock market, registered a record quarterly turnover of 57,006 million dollars, 62% more, in which the driving force was data centers (51,215 million).

Data center billing also reached a milestone and increased by 66% year-on-year, driven by three axes: accelerated computing, powerful AI models and agentic applications (with AI agents), indicates a note.

Nvidia CEO Jensen Huang noted that “we have entered the virtuous cycle of AI.

He AI ecosystem is scaling fastwith more creators of new foundational models, more AI startups, in more industries and more countries.”

Huang, who put sales of his Blackwell chip “through the roof” and said that all GPUs (graphics processors) in the cloud “are sold out,” explained that computing demand continues to accelerate and multiply in training and inference, which in turn “are growing exponentially.”

“Blackwell Ultra is now our leading architecture across all customer categories, while our previous Blackwell architecture continued to be in strong demand,” the company’s chief financial officer, Colette Kress, added in the statement.

Kress also described as “insignificant” sales of H20 chips, made specifically for the Chinese market in the face of US restrictions on the sale of more advanced components.

Within the Nvidia data center platform, most of the turnover came from the computer businesswhich covers GPUs (43 billion, up 56% year-on-year). The rest came from the networking business, which includes the NVLink platform (8.2 billion, up 162%).

Nvidia’s other business segments had notably lower revenues, led by video games (4,265 million) and visualization (760 million).

In the first nine months of the year, The technology company accumulates profits of 77,107 million (52% more year-on-year) and a turnover of 147,811 million (62% more).

For the fourth and final quarter, which it is now going through, Nvidia expects an even higher turnover, of around 65 billion, and gross margins of around 75%.

The results exceeded analyst expectations and Nvidia shares soared around 4% in after-hours trading on Wall Street.

Since the year began, Nvidia has risen 39% in the stock market and currently has a value of 4.41 trillion dollars, which positions it as the largest listed company in the world, ahead of Apple.