Nvidia(US:NVDA) Stock Market News·2025-11-19 22:08Core Insights - NVIDIA reported record revenue of $57.0 billion for Q3 FY2026, significantly exceeding Wall Street's consensus estimates of approximately $54.8 billion [2][9] - The company forecasts Q4 FY2026 revenue of roughly $65.0 billion (±2%), surpassing analyst expectations of $61.3 billion [2][9] Financial Performance - The Data Center segment drove revenue to $51.2 billion, with CEO Jensen Huang highlighting unprecedented demand for AI infrastructure and stating that cloud GPUs are sold out [3][9] - Adjusted earnings per share (EPS) reached $1.30, outperforming the expected range of $1.25-$1.26, while net income was reported at $31.91 billion, exceeding the full-year sales of major competitors like Intel and AMD [4][9] - Gross margins remained strong at 73.4% GAAP and 73.6% non-GAAP, beating estimates [4] Market Reaction - The positive earnings report and optimistic forecast led to a late-day tech rally, with NVIDIA's stock climbing 3-5% in after-hours trading [5][9] - The broader market, including the NASDAQ 100 ETF and S&P 500, reacted favorably as investors adjusted their AI-growth expectations [5][9] Segment Performance - The Gaming segment also showed strength, with revenue increasing to $4.27 billion, a 30% rise from the previous year, driven by demand for the Blackwell Ultra architecture [6][9] - NVIDIA announced a $62 billion buyback program, indicating confidence in its financial strength and future prospects [6][9] - The company noted that H20 sales were "insignificant" in Q3 [6][9]