Jensen Huang Says ‘Blackwell Sales Are Off the Charts, and Cloud GPUs Are Sold Out’ as Nvidia Crushes Q3 Earnings and Beats Analyst Expectations

Core Insights - Nvidia reported Q3 earnings with a forecast of continued revenue growth, expecting up to $65.0 billion in Q4 of fiscal 2026 [1] - The company exceeded analysts' expectations, with CEO Jensen Huang highlighting strong demand for core chip products, particularly Blackwell sales and cloud GPUs [2] - Nvidia's diversified business strategy is proving effective, as evidenced by significant revenue growth across various segments [3] Financial Performance - Nvidia achieved record revenue of $57.0 billion, marking a 22% increase from Q2 and a 62% increase year over year [6] - Data Center revenue reached a record $51.2 billion, up 25% from Q2 and up 66% from the previous year [6] Segment Performance - Gaming revenue was $4.3 billion, reflecting a 30% year-over-year increase, driven by new game launches utilizing NVIDIA DLSS 4 technology [4] - Professional visualization revenue was $760 million, up 56% from a year ago, supported by the introduction of DGX Spark [4] - Automotive and robotics revenue reached $592 million, a 32% year-over-year increase, with plans for a Level 4-ready mobility network in partnership with Uber [4] Strategic Partnerships and Initiatives - Nvidia announced partnerships with OpenAI for 10 gigawatts of AI infrastructure, Anthropic for 1 gigawatt of compute capacity, and Intel for custom data center products [5] - The company plans to develop seven new supercomputers, including a collaboration with Oracle to create the largest AI supercomputer for the U.S. Department of Energy, utilizing 100,000 Blackwell GPUs [5] Market Trends - CEO Jensen Huang noted that compute demand is accelerating across training and inference, indicating a robust growth trajectory for the AI ecosystem [3]