Nvidia(US:NVDA) 智通财经网·2025-11-20 00:00Core Viewpoint - Nvidia, known as the "superpower of AI chips," has provided a strong revenue outlook for the current quarter, exceeding market expectations, which counters recent concerns about an "AI bubble" and alleviates investor fears regarding a potential decline in global AI spending [1][2][3]. Group 1: Financial Performance - Nvidia's revenue for Q3 FY26 reached $57 billion, a 62% year-over-year increase and a 22% quarter-over-quarter increase, surpassing analyst expectations of $55.2 billion [4][12]. - The company's net profit for Q3 increased by 65% year-over-year to $31.9 billion, with operating profit also rising by 65% to $36 billion [4][12]. - Nvidia's data center business, which is crucial for AI infrastructure, generated $51.2 billion in revenue, reflecting a 66% year-over-year growth [12]. Group 2: Market Dynamics - The demand for AI computing power is surging globally, driven by significant investments from the U.S. government and tech giants in AI infrastructure [2][8]. - Nvidia holds a dominant 90% market share in the AI accelerator space, indicating strong ongoing demand for its AI GPUs [2][6]. - The recent performance of Nvidia has positively influenced the stock prices of other companies in the AI computing supply chain, such as TSMC, Broadcom, AMD, and Micron [1][4]. Group 3: Future Outlook - Nvidia forecasts total revenue of approximately $65 billion for Q4 FY26, significantly above Wall Street's average estimate of $62 billion, indicating robust demand for AI computing infrastructure [2][3]. - The company is expected to continue benefiting from the ongoing AI investment wave, with projections suggesting that the AI infrastructure investment could reach $3 trillion to $4 trillion by 2030 [16][20]. - Analysts are optimistic about Nvidia's future, with some raising target prices significantly, anticipating a market cap that could exceed $8 trillion [16].