Nvidia earns 109% more in its fiscal third quarter and almost doubles sales

MADRID 20 Nov. () –

The American manufacturer of microchips and graphics cards Nvidia achieved a net profit of 19,309 million dollars (18,243 million euros) in its third fiscal quarter, ended in October, a figure that represents a 109% increase in profits from the same quarter of the year. above, as reported by the technology company.

Nvidia’s revenues between August and October totaled a record of 35,082 million dollars (33,145 million euros), 93.6% more than a year before, which represents a new slowdown with respect to the year-on-year growth of the multinational’s sales. from 122% in the previous quarter, as well as 262% in the first quarter of the current fiscal year and compared to the 265% increase observed in the last quarter of the previous fiscal year.

The turnover of Nvidia’s data center business in the third quarter grew 112% year-on-year and 17% quarterly, up to 30,771 million dollars (33,145 million euros), while the gaming and AI area generated 3,279 million dollars (3,098 million euros), 15% more than a year before and 14% more compared to the second quarter.

Thus, in the first nine months of its fiscal year Nvidia obtained a net profit of 50,789 million dollars (47,986 million euros), which implies an improvement of 190.6% over the same period of the previous year, while Revenues totaled 91,166 million dollars (86,134 million euros), 134.8% more.

“The AI ​​era is in full swing, driving a global shift toward Nvidia computing,” said Jensen Huang, founder and CEO of the company, calling the demand for the ‘Hopper’ AI superchips “incredible.” and ‘Blackwell’, in full production.

“AI is transforming every industry, company and country,” added the executive, adding that investments in industrial robotics are increasing with advances in physical AI “and countries have realized the importance of developing their AI and national infrastructure”.