PANews reported on November 21 that according to Jinshi, Nvidia (NVDA.O) announced its third-quarter financial report for fiscal year 2025, with revenue reaching US$35.1 billion, a year-on-year increase of 94%, exceeding the market expectation of US$33 billion; net profit was US$19.31 billion, far exceeding the expected US$16.93 billion. In addition, the third-quarter gaming business revenue was US$3.3 billion, and the data center business revenue was US$30.8 billion, a year-on-year increase of 112%.

Nvidia expects fourth-quarter revenue of $37.5 billion, slightly higher than market expectations, but some investors' expectations were not met, causing the stock price to fall 5% after the earnings report was released. CEO Huang Renxun said that artificial intelligence is driving the growth of global computing demand, the production of Blackwell systems is accelerating, and fourth-quarter deliveries will exceed expectations. The company expects gross profit margin to reach more than 70% in 2025. Despite this, some analysts believe that its revenue outlook is uncertain, especially when Blackwell demand exceeds supply.