Nvidia’s Revenue Increase Amid Market Growth
Nvidia (NASDAQ: NVDA) reported a data center revenue of $51.2 billion for Q3 FY 2026, marking a 66% year-over-year increase. The company’s stock performance in 2025 saw only a 30% rise, significantly less than the over 100% growth experienced in the previous two years. Despite this slowdown, Nvidia maintains a dominant position in the data center market, outperforming competitors like Advanced Micro Devices (AMD) and Broadcom, which reported respective data center revenues of $4.3 billion (+22%) and $6.5 billion (+74%) recently.
Looking ahead, global data center capital expenditures are projected to soar to $3 trillion to $4 trillion by 2030, compared to $600 billion in 2025. Nvidia’s CEO, Jensen Huang, indicated strong demand for cloud GPUs, highlighting the company’s optimistic outlook for 2026. However, achieving a stock doubling would require a valuation increase, as Nvidia’s growth rate is unlikely to meet this threshold, with analysts estimating a compound annual growth rate (CAGR) of 46% at the high end.
