Nvidia Stock rose on Wednesday in after-hours trading on Wall Street, after results that They exceeded expectations thanks to intense demand for their artificial intelligence (AI) chips.
The strong results come amid growing debate among Wall Street analysts about an eventual AI bubble.
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Nvidia reported profits of $31.9 billion for the third quarter of the year, with record revenues of $57 billion in that period, sending shares up more than 3%.
Net profit was 65% above the same period last year.
“Blackwell sales are through the roof, and cloud GPUs are sold out,” Nvidia CEO Jensen Huang said in a statement, referring to the latest model of its next-generation hardware.
“The AI ecosystem is scaling fast, with (…) more AI startups, in more industries and in more countries,” he added.
Fourth-quarter revenue is expected to be $65 billion, nearly $3 billion more than Wall Street analysts forecast.
NEWS: NVIDIA announces financial results for the third quarter of fiscal 2026.
Record revenue of $57.0 billion, up 22% from Q2 and 62% from a year ago
Read more: https://t.co/CD1aTAztZb— NVIDIA Newsroom (@nvidianewsroom) November 19, 2025
Most of the money earned during the last quarter came from Nvidia’s sector of graphics cards (GPUs) for data centers.
This business generated $51.2 billion in profits, an increase of the 25% compared to the previous quarter.
Finally, in October, the American microprocessor giant became the first company in the world to overcome the symbolic barrier of $5 trillion in market capitalization.