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NVIDIA Corporation (NVDA) reported record Q3 earnings on [specific date], announcing sales of $57 million, marking a 62% increase. The company’s revenue from its Data Center segment reached $51.2 billion, a 66% year-over-year growth that surpassed analyst estimates of $49.1 billion.
CEO Jensen Huang highlighted the accelerating demand for AI technologies, pointing out that new foundation model makers and startups are emerging across various industries globally. NVIDIA’s latest product, Blackwell, demonstrates superior efficiency and performance, expected to enhance its appeal to clients.
Additionally, NVIDIA has secured substantial contracts with the governments of Saudi Arabia and South Korea, including a deal for over 250,000 GPUs to bolster South Korea’s AI infrastructure.
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