570亿美元收入背后，英伟达“云GPU”全卖光

Core Viewpoint - The article emphasizes that discussions about an AI bubble should be set aside as the focus should be on growth, particularly highlighted by Nvidia's strong financial performance in Q3 [2][4]. Financial Performance - Nvidia reported Q3 revenue of $57 billion, a year-over-year increase of 62%, with net profit of $32 billion, up 65% compared to the previous year, surpassing Wall Street expectations [2]. - The data center business was the primary driver of growth, generating a record $51.2 billion in revenue, which is a 25% increase from the previous quarter and a 66% increase year-over-year [2]. Business Segments - The remaining revenue of $5.8 billion came from the gaming segment, which contributed $4.2 billion, followed by professional visualization and automotive sectors [2]. - Nvidia's CFO noted that the data center business is propelled by computing acceleration, powerful AI models, and autonomous applications [2]. Product Demand - The Blackwell Ultra GPU, launched in March, has shown particularly strong performance and has become a key product for the company, with sales described as "off the charts" [3]. - The demand for training and inference computing power is accelerating, indicating a robust expansion of the AI ecosystem across various industries and countries [3]. Geopolitical Challenges - The company faced challenges in the Chinese market due to geopolitical issues, which resulted in disappointing sales figures for the H20 data center GPUs, with 50 million units shipped [4]. - Despite the inability to deliver competitive data center computing products to China, Nvidia remains committed to communication with both the U.S. and Chinese governments [4]. Future Outlook - Nvidia anticipates Q4 revenue to reach $65 billion, which has positively impacted the stock price, increasing by over 4% in after-hours trading [4]. - The CEO expressed confidence in the growth trajectory, dismissing concerns about an AI bubble and highlighting the ongoing expansion of AI applications [4].