Nvidia Corporation's revenue for the third quarter exceeded expectations, with strong performance in the datacenter and gaming divisions leading to a 93.6% year-on-year revenue increase and a 103% year-on-year increase in EPS.
Blackwell's production is ramping up, and with demand expected to surpass supply, Nvidia is in a position to achieve significant growth in industrial AI.
The automotive and robotics division saw revenue increase by 72% compared to the previous year, demonstrating robust growth with new initiatives in humanoid robots and autonomous vehicles.
Despite the complexity of Blackwell, intensifying competition, and potential risks from China's tariffs, Nvidia's strong performance and future outlook justify maintaining a BUY rating for NVDA.