Key Points
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Nvidia is launching its next AI architecture, Vera Rubin, a vertically stacked six-chip AI platform aimed at enhancing its AI infrastructure.
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The company reported a 66% increase in revenue and a gross margin of 73.4% for the third fiscal quarter of 2026.
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Investors who invested $10,000 in Nvidia a decade ago would have $2.5 million today, reflecting a 25,300% gain.
Nvidia (NASDAQ: NVDA) is set to enhance its leadership in AI with the launch of Vera Rubin during a recent tech expo in Las Vegas. This platform, designed for data centers, will lower costs for AI inference and training. CEO Jensen Huang also unveiled plans for other AI initiatives, including open-source models for diverse applications like autonomous vehicles.
For the third quarter of fiscal 2026, Nvidia reported a revenue increase of 66% year-over-year, with a gross margin of 73.4% and earnings per share rising from $1.08 to $1.30. Despite its significant growth and a historic gain of 1,000% over the last three years, analysts express caution regarding its future growth potential as it becomes increasingly challenging for the established company to maintain high growth rates.
