英伟达“交卷” 业绩全面超预期 盘后大涨5%！黄仁勋发声：AI已到一个“临界点”

Core Insights - Nvidia reported third-quarter earnings that exceeded expectations, with revenue of $57.01 billion, a year-over-year increase of 62%, surpassing market expectations of $55.19 billion [2][4] - The company anticipates fourth-quarter revenue of approximately $65 billion, exceeding market expectations of $62 billion [2][8] Financial Performance - Revenue: Third-quarter revenue reached $57.01 billion, up 62% year-over-year, compared to analyst expectations of $55.19 billion and Nvidia's own guidance of $52.92 billion to $55.08 billion [4][9] - EPS: Adjusted earnings per share (EPS) for the third quarter was $1.30, a 60% increase year-over-year, exceeding analyst expectations of $1.26 [4][11] - Gross Margin: The adjusted gross margin for the third quarter was 73.6%, a decrease of 1.4 percentage points year-over-year, slightly below analyst expectations of 73.7% [4][9] - Operating Expenses: Adjusted operating expenses for the third quarter were $4.215 billion, up 38% year-over-year, in line with analyst expectations [4][9] Segment Performance - Data Center: The data center segment generated $51.2 billion in revenue for the third quarter, a 66% year-over-year increase, exceeding analyst expectations of $49.34 billion [5][10] - Gaming and AI PC: Revenue from gaming and AI PC business was $4.3 billion, a 30% year-over-year increase, slightly below analyst expectations of $4.42 billion [6] - Professional Visualization: Revenue from professional visualization was $760 million, a 56% year-over-year increase, surpassing analyst expectations of $612.8 million [6] - Automotive and Robotics: Revenue from automotive and robotics was $59.2 million, a 32% year-over-year increase, below analyst expectations of $62.16 million [7] Guidance and Future Outlook - Revenue Guidance: For the fourth quarter, Nvidia expects revenue in the range of $63.7 billion to $66.3 billion, with a midpoint of $65 billion, higher than the analyst consensus of $61.98 billion [8][11] - Gross Margin Guidance: The company anticipates a gross margin of 75.0% for the fourth quarter, which would represent the first year-over-year increase in six quarters [9][13] - Demand and Product Development: Nvidia's CEO highlighted strong demand for the latest Blackwell architecture chips, with cloud GPUs sold out, indicating robust market conditions [2][14][16]