Nvidia's third quarter results exceeded expectations, with revenues soaring to $35.1 billion, up 94% year-over-year, reaffirming its dominant position amidst the AI boom.
Alonso Munoz stated, "Explosive earnings again," reflecting the market's optimism about Nvidia's continued growth and its significant profits of $19.3 billion this quarter.
Nvidia's data center business, accounting for $30.8 billion in revenue, surpassed analyst expectations, indicating robust demand for AI-related components.
Despite trepidation leading up to the earnings call, Nvidia's performance proves its resilience, though investors are cautious about whether growth can be maintained.
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