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Nvidia reported exceptional fiscal 2026 third-quarter results with earnings per share reaching $1.30, up 67% year-over-year, driven by strong demand for AI products like Blackwell superchips and cloud GPUs. The company projects fourth-quarter revenue of around $65 billion, a 65% year-over-year increase, supported by significant investments in AI infrastructure including $100 billion in OpenAI, $5 billion in Intel, and up to $10 billion toward Anthropic. Despite Nvidia's strong financials, AI and tech stocks faced significant volatility, with major firms like Meta, Amazon, and Microsoft experiencing large declines amid market uncertainty.

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Nvidia

Nvidia reported exceptional fiscal 2026 third-quarter results with earnings per share reaching $1.30, up 67% year-over-year, driven by strong demand for AI products like Blackwell superchips and cloud GPUs. The company...

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