Nvidia Corp (NVDA) reported record-breaking third-quarter revenue and earnings for fiscal 2025, exceeding Wall Street expectations on the back of surging demand for artificial intelligence chips. 

Despite the strong performance, shares dipped more than 2% in after-hours trading, reflecting investor caution over valuation and tempered guidance.

The chipmaker posted revenue of $35.08 billion for the quarter ended October 27, a 94% increase year-on-year and beating analysts’ consensus estimate of $33.28 billion. 

Nvidia’s non-GAAP earnings-per-share came in at $0.81, surpassing consensus estimates of $0.75 EPS. Revenue from the Data Center segment, Nvidia’s key growth driver, reached a record $30.8 billion, up 112% from the same period last year.

Jensen Huang, Nvidia’s founder and CEO, called the quarter a reflection of “AI in full steam” as enterprises adopt Nvidia’s Hopper GPUs and anticipate the launch of its next-generation Blackwell platform.

The tech giant has been riding high this year following an explosion of investor interest in AI-related firms and businesses. That has helped drive the Nasdaq to record heights amid prospects of a return to cheaper borrowing s

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Author: Sebastian Sinclair