Nvidia reported record sales of AI chips in its Q3 2026 earnings, exceeding its own estimates. The company generated $57 billion in revenue, equating to approximately $4,000 in profit per second. Its data center revenue reached a record $51.2 billion, reflecting a 66 percent growth compared to the previous year, with a noteworthy increase of $10 billion in just the last quarter.
Nvidia’s data center performance is being closely monitored as an indicator of the broader AI industry. Despite concerns about a potential “AI bubble,” Nvidia has projected a revenue outlook of $65 billion for Q4, which would necessitate an additional $8 billion in quarterly revenue growth within three months.
CEO Jensen Huang stated that the demand for AI server chips remains high, noting that Blackwell chip sales are significant and that cloud GPUs are sold out. The Blackwell Ultra chip is primarily driving this demand, establishing itself as the leading architecture among all customer segments, while earlier Blackwell products continue to perform well.
In addition to its AI segment, Nvidia’s gaming revenue showcased a 30 percent increase year-over-year, supporting the success of its Blackwell gaming chips, which previously received mixed reviews.
During an investor call, Huang addressed concerns regarding the possibility of an AI bubble, expressing a different perspective on the matter. He reinforced Nvidia’s longstanding claims about AI’s transformative potential, suggesting that the industry has reached a pivotal moment, with significant advancements expected in agentic and physical AI.
This financial performance highlights Nvidia’s influence in the expanding AI market and raises questions about the sustainability of its growth trajectory amidst ongoing discussions regarding a potential AI bubble.
Source: https://www.theverge.com/tech/824111/nvidia-q3-2026-earnings-data-center-revenue