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Nvidia’s AI Infrastructure Push Lifts Networking Sales as Investors Weigh Buying Now

The company sees AI infrastructure outlays reaching $3 trillion to $4 trillion by 2030.

Overview

  • Revenue rose 62% year over year in the most recent quarter, approaching a tenfold increase from three years ago.
  • Networking led fiscal Q3 performance with 162% growth to $8.2 billion.
  • Nvidia is delivering turnkey AI factories that bundle GPUs, other chips, and networking to speed deployments for large data centers.
  • Hyperscalers have focused on securing Nvidia hardware, fueling significant gains in sales and profits.
  • The company has added talent and licensed technology from Groq to strengthen its position in AI inference.