By Jeremy Bowman
Publication Date: 2025-11-24 13:15:00
Nvidia delivered another round of blockbuster results.
They say the sequel is never as good as the original, but Nvidia (NVDA 0.97%) seems to be proving that wrong. Three years after the launch of OpenAI’s ChatGPT, which kicked off the artificial intelligence (AI) boom, Nvidia is still posting blockbuster results and blowing past Wall Street estimates quarter in, quarter out.
The AI chip superstar reported revenue of $57 billion in the quarter, up 62% from the quarter a year ago. That actually represented an acceleration from the second quarter, when sales growth had slowed to 56%, and was well ahead of the consensus at $55.1 billion. Notably, that acceleration came without the return of significant revenue from China.
Once again, growth in data center revenue, the focal point of the AI boom, was even stronger, up 66% to $51.2 billion.
The news helped to quell fears about an AI bubble at a time when tech stocks have been pulling back, especially those that are most exposed to AI, including highly leveraged neocloud operators like CoreWeave and Nebius.
Nvidia, which was down 12% from its recent high before the report, jumped 6% on the news, adding $300 billion in market value to approach a $5 trillion market cap again.
Image source: Nvidia.
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