By Daniel Howley
Publication Date: 2025-11-20 17:46:00
Nvidia (NVDA) took its detractors to task during the company’s Q3 earnings call on Wednesday, with both CEO Jensen Huang and CFO Colette Kress launching broadsides against investor concerns related to an AI bubble.
Huang didn’t dance around the topic, immediately addressing it in his prepared statement and laying out why he believes Nvidia is uniquely positioned to continue leading the AI market.
“There’s been a lot of talk about an AI bubble,” Huang began his remarks. “From our vantage point, we see something very different. As a reminder, Nvidia is unlike any other accelerator. We excel at every phase of AI.”
It didn’t hurt the CEO’s argument that Nvidia beat Wall Street’s expectations on both the top and bottom lines for the prior quarter and issued better-than-anticipated guidance for the current fourth quarter.
In Q3, the company saw earnings per share (EPS) of $1.30 on revenue of $57.01 billion. Analysts were estimating EPS of $1.26 on revenue of $55.2 billion, according to Bloomberg consensus data.
For the fourth quarter, the company said it will bring in revenue of $64 billion-plus or minus 2%, better than Wall Street’s projected $62 billion.
What’s more, during Nvidia’s earnings call, CFO Colette Kress told investors and analysts the company has visibility toward $500 billion in Blackwell and Rubin AI chip revenue through calendar 2026. The company is currently in fiscal 2026.
Nvidia stock rose more than 4% in early trading Thursday,…
