Nvidia posts Q3 beat, CEO Huang says Blackwell chip sales 'off the charts'

Core Insights - The company reported an adjusted EPS of $1.30, exceeding street expectations by $0.05, with revenues reaching $57 billion, also surpassing both street and buy-side estimates [1] - Data center revenue is a significant contributor, accounting for nearly 90% of total revenue, indicating strong demand in this segment [1] - Gross margins were reported at 73.6%, slightly above the anticipated 73.4%, despite concerns over input costs [2] - CEO Jensen Wong highlighted exceptional sales of Blackwell products and noted that cloud GPUs are sold out, reflecting a robust demand for compute resources [2] - The company is experiencing a "virtuous cycle of AI," with accelerating demand for both training and inference capabilities [3]