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NVIDIA Corporation, led by CEO Jensen Huang, reported record revenue of $57 billion for the third quarter of fiscal year 2026, representing a 62% year-over-year growth. Earnings per share were $1.30, surpassing Wall Street’s expectations of $1.26 per share and $55.09 billion in revenue. Notably, data center revenue reached a record $51.2 billion, up 66% year-over-year, exceeding analyst estimates of $49.3 billion.
Looking ahead, NVIDIA forecasts approximately $65 billion in revenue for the fourth quarter, up 65% year-over-year against an analyst estimate of $62.02 billion. The company also secured $500 billion in booked orders for 2025 and 2026.
Market reaction to NVIDIA’s results was positive, lifting several AI-related stocks and helping the NASDAQ rise more than 2% initially. The ongoing demand for AI technology indicates continued growth within the sector as NVIDIA emphasizes the AI buildout remains strong.
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