Nvidia simply offered extra AI chips than it’s ever offered earlier than, blowing previous its personal estimates in right this moment’s Q3 2026 earnings. Not solely did it pull in a file $57 billion in income — and roughly $4,000 of pure revenue per second — it grew its information middle enterprise by $10 billion in a single quarter alone. It reported a file $51.2 billion from that information middle enterprise, a 66 p.c enhance over final yr.
A variety of eyes are on Nvidia’s information middle income proper now as a bellwether for the “AI bubble” as an entire. Nvidia doesn’t appear to count on its information middle development to decelerate regardless of fears of that bubble popping — its This fall outlook is a whopping $65 billion, which might require it to develop quarterly income by one other $8 billion in simply three extra months.
Nvidia CEO Jensen Huang says the corporate’s promoting each AI server chip it will possibly make: “Blackwell gross sales are off the charts, and cloud GPUs are offered out.” Seems that doesn’t actually imply Blackwell is offered out, although: “We’ve obtained loads of Blackwells to promote you, we have now plenty of Blackwells coming,” he clarified on Bloomberg TV.
Moreover, gaming income is up 30 p.c year-over-year, a great signal for Nvidia’s Blackwell gaming chips, which obtained off to a little bit of a rocky begin with some blended evaluations of the RTX 50-series GPUs earlier this yr.
Throughout right this moment’s investor name, Huang appeared assured when considerations about an “AI bubble” have been raised, saying, “There’s been loads of discuss an AI bubble. From our vantage level, we see one thing very completely different.” He went on to recap most of the similar claims Nvidia has been making for years about how AI will change all the pieces, and added that AI has “reached a tipping level,” saying, “The transition to agentic and bodily AI can be revolutionary.”
Replace, November nineteenth: Added feedback from Nvidia’s investor name; up to date headline after Nvidia clarified to Bloomberg that it nonetheless has “loads of Blackwells to promote you.”
