What were Nvidia's key Q3 financial results?

Nvidia reported $57 billion in revenue for fiscal Q3, with data center sales reaching $51.2 billion and showing significant year-over-year and sequential growth.

Why is Nvidia's data center growth reaccelerating?

Data center sales increased 66% year-over-year and 25% sequentially, indicating strong demand for AI compute, with Blackwell sales reportedly 'off the charts'.

Is Nvidia's stock a good buy after its recent dip?

With strong AI growth and positive management outlook, the recent dip might present a buying opportunity, despite concerns over competition.

Home / Business and Economy / Nvidia Stock Dips: AI Reacceleration Signal?

Nvidia Stock Dips: AI Reacceleration Signal?

4 Dec

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Summary

Nvidia's Q3 revenue reached $57 billion, with data center sales up 66% year-over-year.
Data center revenue showed a significant 25% sequential increase, indicating reacceleration.
CEO Jensen Huang cited 'off the charts' Blackwell sales and 'sold out' cloud GPUs.

Nvidia Stock Dips: AI Reacceleration Signal?

Nvidia has once again demonstrated robust financial performance, with sales climbing an impressive 62% year-over-year. The company reported fiscal 2026 third-quarter revenue of $57 billion, largely driven by its data center segment which generated $51.2 billion. This segment not only grew 66% compared to the previous year but also experienced a significant 25% sequential increase from the second quarter, breaking a trend of slowing growth rates and indicating a strong reacceleration.

CEO Jensen Huang expressed strong confidence in the company's trajectory, describing "off the charts" Blackwell sales and "sold out" cloud GPUs. He highlighted an accelerating demand for AI computation for both training and inference, entering what he termed a "virtuous cycle of AI." This robust performance and optimistic outlook suggest that fears of an AI bubble may be overstated, presenting a potential opportunity for investors looking to capitalize on the AI boom.