Nvidia's Q3 Earnings Soar Amid AI Boom, But Forecasts Disappoint

NVIDIA reported record revenue of $35.1 billion for Q3 fiscal 2025, a 17% increase from the previous quarter and a 94% rise from the previous year, driven by strong demand in AI and data center sectors. The company's data center revenue reached $30.8 billion, up 112% year-over-year. NVIDIA's GAAP earnings per share increased by 111% from a year ago, reflecting the growing impact of AI across industries. The company anticipates Q4 revenue of $37.5 billion, with continued expansion in AI infrastructure and partnerships.