Nvidia almost doubles revenues as data center profits skyrocket

Date:
Thu, 21 Nov 2024 12:02:00 +0000

Description:
Data center revenue accounts for much of Nvidias entire revenue, there's no signs of slowdown.

FULL STORY ======================================================================Nvidias Q3 2025 revenue jumps 94% year-over-year to hit $35.1 billion Company now has a market cap of more than $3.5 trillion Next-gen processors and more AI applications are on the way

Nvidia has announced its latest financial results, showing company revenue is up a staggering 94% year-over-year as it continues on its journey to become the worlds first $4 trillion company.

Revenue for Q3 2025 stood at $35.1 billion, marking a 17% growth over the previous quarters $30.0 billion and $18.12 billion in the same period last year.

Nvidia's market cap, currently at $3.578 trillion, puts it a slice ahead of Apple and around half a trillion ahead of Microsoft. Nvidias revenue
continues to skyrocket

Much of Nvidias success has been put down to its successful early entry to
the AI market its processors have now become synonymous with AI data center use.

Of its entire revenue, its data center business accounted for $30.8 billion
of Nvidias figures, compared with just $3.3 billion from its gaming business, an area that it was previously best known for.

The age of AI is in full steam, propelling a global shift to Nvidia computing," noted Nvidia CEO Jensen Huang.

Huang indicated that demand for Nvidias products would continue: Demand for Hopper and anticipation for Blackwell in full production are incredible as foundation model makers scale pretraining, post-training and inference.

Samples of its Blackwell chips have already been shipped to major customers like Microsoft, OpenAI and Oracle.

Next quarter, its final quarter of the financial year, Nvidia anticipates generating a revenue of $37.5 billion at the mid point. This would mark a
more modest 7% increase, which would be a significant decrease from the previous quarters growth of 122%, 262% and 265%.

Looking ahead, Nvidia predicts that new applications for AI would continue to attract investment, fueling its growth, with Huang adding: Industrial
robotics investments are surging with breakthroughs in physical AI. You might also like AI-powered humanoid robots are closer than we think, says Nvidia exec Fancy an upgrade? These are the best processors you should consider Weve listed the best cloud computing services



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Link to news story: https://www.techradar.com/pro/nvidia-almost-doubles-revenues-as-data-center-pr ofits-skyrocket


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