Nvidia Reports Record $19 Billion Profit

Nvidia has reported a remarkable financial performance for its third quarter of fiscal 2025, posting a record profit of $19 billion and revenue of $35.1 billion, exceeding market expectations. The growth is primarily driven by soaring demand for its AI hardware, particularly from its data center division, which generated $30.8 billion in revenue. CEO Jensen Huang emphasized that the 'age of AI' is transforming industries globally, with heightened investments in AI technologies. Despite these impressive results, Nvidia's stock price fell slightly in after-hours trading amid concerns over future profit margins and market competition. Analysts caution that sustaining this success will require careful execution, particularly with upcoming product launches like the Blackwell processing platform. Nvidia's anticipated fourth-quarter revenue is projected at $37.5 billion, further indicating strong market momentum.