NVIDIA's revenue accelerated growth of 62% last quarter, and the quarterly guidance exceeded expectations again. Jensen Huang stated that "Blackwell sales far exceeded expectations" | Earnings report insights

In the third quarter, total revenue accelerated year-on-year growth for the first time in two years, with data center revenue also reaching a record high for a single quarter, increasing by 66% year-on-year and nearly 25% quarter-on-quarter; the median revenue guidance for the fourth quarter is expected to grow by 65% year-on-year. The gross margin for the third quarter was slightly below expectations, but is expected to rise to 75% in the fourth quarter, marking the first year-on-year increase in six quarters. Jensen Huang stated that the sales of Blackwell chips far exceeded expectations, with both training and inference computing demands growing exponentially. The stock price rose more than 6% in after-hours trading. The CFO reiterated that new chips are expected to generate $500 billion in revenue over the next few quarters, noting that the A100 GPU shipped six years ago is still operating at full capacity this year. Update