Nvidia’s numbers are seen as a test of the AI hype and the entire tech industry. At first glance, the chip maker has achieved good results. How it will be valued in the market remains to be seen.
Strong sales of its latest high-performance artificial intelligence (AI) processors helped Nvidia achieve very strong quarterly results. In the third quarter, sales rose by 62 percent to $57 billion compared with a year earlier, the world’s largest chip company announced after the US stock market closed. Net income increased by 65 percent to $31.9 billion.
Nvidia is the biggest beneficiary of the rise of AI applications. Chip systems are used worldwide as key technologies and are used for training complex AI models – for example for ChatGPT chatbots – and for operating software. Heavyweight companies like Google or Facebook group Meta fill entire data centers with that data.
Test for the big one Technology company
“Blackwell’s chip sales numbers are very high,” said CEO Jensen Huang. Processors for data centers are sold out. “The need for computing power is growing exponentially.” For the final quarter of 2025, Huang estimates revenue of $65 billion, plus or minus two percent. Nvidia also beat analysts’ expectations in its estimates.
Its shares later rose more than three percent in after-hours trading on Wall Street. The company’s quarterly figures are considered an indicator of the state of the AI industry, which recently led to a record rally in the US stock exchange. However, in recent weeks, concerns have emerged that high expectations for future AI businesses may have caused a bubble in the share prices of technology companies.
Therefore, several large investors have sold some of their AI holdings, fueling fears that a sell-off in the market is imminent. Therefore, other investors spoke up. Nvidia’s market value fell from $5 to about $4.5 trillion in a few weeks. However, chip companies are still the most valuable companies on the stock exchange. How investors react to the numbers will become clear on Thursday.
