Photo: techcabal.com 

Nvidia (NVDA) dropped its quarterly earnings yesterday and (shock to absolutely no one) did not disappoint. Again! 🚀

The chip giant reported a 62% jump in revenue, hitting a wild $57 billion this quarter, largely thanks to its AI data-center chips flying off the shelves. 

Data-center sales came in at a massive $51.2 billion, blowing past expectations. 

Of that, $43 billion was just GPU compute—mostly driven by early sales of their new GB300 chips. It was also revealed that “cloud GPUs are sold out”, which is both awesome and… mildly terrifying. 👀

Earnings per share came in at $1.30 (versus $1.25 expected), revenue beat estimates by billions, and net income surged 65% to nearly $32 billion. 

And it gets better! For Q4, Nvidia expects around $65 billion in sales — way above analyst predictions. 🔥

So… if anyone was still clinging onto the idea that the “AI boom” might cool off… Nvidia just said, “Not today, and not tomorrow.”

CEO Jensen Huang even threw a little shade at the skeptics, stating, “There’s been a lot of talk about an AI bubble. From our vantage point, we see something very different.”

Confidence. 💪

And honestly, that comment hit just right, because the timing couldn’t be more dramatic. Just a week ago, SoftBank announced it was selling its entire $5.83 billion stake in Nvidia, leading some investors to question about whether the so-called “AI bubble” was finally about to pop. 

Nvidia shares jumped by over 5.5% in after-hours/premarket trading, following the release of the report.📈