NVIDIA's Q3 2026 earnings report has surpassed analyst expectations, with the company reporting a revenue of $57.01 billion and a net income of $31.91 billion, marking a 65% increase from the previous year. The data center segment, which constitutes nearly 90% of NVIDIA's total revenue, experienced a 66% growth, reaching $51.2 billion, largely due to the success of the new GB300 chip.
During the earnings call, CEO Jensen Huang addressed concerns about a potential AI bubble, asserting that AI is fundamentally different from the dot-com bubble and is already transforming industries. The market response is mixed, with firms like DA Davidson upgrading NVIDIA to 'buy', while others, including Michael Burry, are shorting the stock.
NVIDIA Q3 2026 Earnings Exceed Expectations, CEO Dismisses AI Bubble Concerns
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