Benzinga
Benzinga
  • 2 days ago
NVIDIA reported over $35 billion in third-quarter revenue, a 94% YoY surge driven by demand for AI infrastructure and its Blackwell systems. Data Center revenue rose to over $30 billion, up over 100%. CEO Jensen Huang highlighted two major shifts: coding to machine learning and AI's rise as an industrial capability. Blackwell system shipments are now in the billions as its supply struggles to meet staggering demand. Fourth-quarter revenue guidance exceeds $30 billion, with AI-led data center transformation predicted to reach trillions by 2030.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NVIDIA reported $35 billion in third-quarter revenue, which is a 94% year-over-year surge
00:08driven by demand for AI infrastructure and its Blackwell systems.
00:12Data center revenue rose to over $30 billion, which is up over 100%.
00:16CEO Jensen Huang highlighted two major shifts, coding to machine learnings,
00:21and AI's rise to industry-level capabilities. Blackwell system shipments are also now in the
00:26billions as its supplies struggle to meet staggering demand. Fourth-quarter revenue
00:30guidance exceeds $30 billion, with an AI-led data center transformation
00:34predicted to reach trillions by 2030.

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