Nvidia’s Skyrocketing Q3 Highlights AI Chip Domination

Nvidia reported a stellar Q3 with revenue soaring to $35.08B, a 94% jump YoY, and profits doubling to $19.31B, all driven by AI chip demand and upcoming Blackwell GPUs. Although stocks dipped post-earnings, analysts like Hans Mosesmann remain optimistic, predicting a $4T market cap by 2025. Q4 forecasts are solid at $37.5B, despite hints growth might plateau. Holding 65% of the data-center AI chip market, Nvidia continues to reign supreme in the AI revolution.