Nvidia delivered another blockbuster quarter, reinforcing its dominance at the centre of the global AI boom, with Q3 revenue surging 60% year-on-year to a record US$57.01 billion, far above market expectations
Nearly all of the momentum came from its data-centre business, now the backbone of global AI infrastructure as hyperscalers accelerate spending on next-generation compute.
Demand for Nvidia’s Blackwell chips continues to outpace supply by a wide margin, with major clients booking capacity months in advance. For investors questioning whether the AI rally is losing steam, the numbers send a decisive signal.
“For investors worried about whether the AI rally has gone too far, these results will feel reassuring,” said Farhan Badami, Business Development Manager at eToro. Nvidia CEO Jensen Huang also underscored that Blackwell demand is “off the charts,” backed by multi-year commitments from tech giants including Microsoft and Amazon.
Even as concerns rise about the power-intensive demands of AI data centres, Nvidia addressed the issue head-on. “Whilst I agree with the sceptics who continue to point to rising power demands as a major industry bottleneck, Nvidia didn’t shy away from it,” Badami noted. The company highlighted improvements in chip-level energy efficiency and ongoing partnerships with renewable and nuclear providers to mitigate future constraints.
Nvidia expects Q4 revenue of around US$65 billion, signalling that this growth cycle is not a short-term spike but part of a much larger structural transformation in compute and automation. Jensen Huang summed up the moment clearly: “AI is going everywhere, doing everything, all at once.”
Investor sentiment reflected confidence. Nvidia’s stock jumped 5% after hours, adding US$205 billion in market value and pushing the CEO’s global profile even higher following recent praise from U.S. President Donald Trump.
Badami added that for anyone attempting to gauge where AI is headed, the evidence is unequivocal: “For anyone trying to make sense of whether the AI trend has legs, Nvidia’s numbers point to a simple truth showing this isn’t a bubble popping. In fact, I feel we’re still in early innings of a technology cycle that’s reshaping entire industries.”
For the UAE and India—two markets aggressively scaling AI capabilities and digital infrastructure—Nvidia’s results reaffirm the rapid pace of global investment in the sector. With sovereign funds, telecom operators, banks, and emerging startups all increasing compute budgets, the region stands to benefit from the next wave of AI-driven growth.
