Overview
- Nvidia reported $57 billion in fiscal Q3 2026 revenue, with about $51.2 billion from data centers, rising 62% and 66% year over year respectively.
- Industry estimates place Nvidia at roughly 90% share of data-center GPUs, making it the default supplier for AI accelerators.
- Net income reached about $32 billion with near-56% margins, even as cost of revenue climbed 71% to keep pace with demand.
- Alphabet and Amazon are developing custom semiconductors, intensifying competition alongside AMD’s offerings.
- After surpassing $5 trillion last month, the market cap sits near $4.5 trillion, prompting warnings that future percentage gains are unlikely to match past surges despite strong demand cited by CEO Jensen Huang.