Nvidia

Nvidia's quarterly performance once again exceeded Wall Street's expectations 🚀🚀

The main reason is the surge in demand for semiconductors used to support artificial intelligence applications.

The company expects further revenue growth for the quarter ending at the end of January. Investors will be watching whether the demand for the company's next-generation artificial intelligence chip named "Blackwell" can help maintain its strong growth momentum.

According to the financial report, Nvidia's total revenue for the third quarter reached $35.08 billion, a year-on-year increase of 94%, exceeding analysts' expectations of $33.1 billion. Under the U.S. Generally Accepted Accounting Principles (GAAP), the net income was $19.309 billion, a 109% increase year-on-year, and the adjusted earnings per share (EPS) was $0.81, both exceeding market expectations!

AI is currently one of the most important competition directions in the global technology field, and has entered a phase of resonance between "cloud-side and edge-side", "inference and training".

In a statement, Huang Renxun said: With the scale expansion of pre-training, post-training, and inference by base model manufacturers, the demand for Hopper and the expectations for Blackwell (already in full production) are incredible!

Chief Financial Officer Colette Kress said that AI GPUs will start shipping this quarter and will gradually be launched next year.

She added: "Both Hopper and Blackwell systems have certain supply issues, and it is expected that Blackwell will be in short supply for several quarters in the fiscal year 2026!"

But under a bright light, there are also hidden worries‼️

Due to the threat of President Trump to impose comprehensive tariffs on products imported to the USA from around the world, Nvidia is also facing an uncertain future.

The elected president has also proposed the possibility of imposing tariffs on chips made in China and Taiwan. This could serve as a potential alternative to the "CHIPS Act" aimed at bringing the semiconductor manufacturing industry back to the USA.

The majority of Nvidia's current chips are manufactured by Taiwan Semiconductor. Tariffs could mean that Nvidia will charge higher prices for its AI chips, thereby squeezing profit margins, or passing on the increased costs to customers.