Nvidia: Q3 EPS doubles

(CercleFinance.com) - AI chipmaker Nvidia on Wednesday evening reported adjusted EPS (non-GAAP) of $0.
81 for Q3 2024-25, up 103% y-o-y, above analysts' expectations.

Also y-o-y, its non-GAAP gross margin resisted at 75%, on sales that leapt 94% to nearly $35.1bn, including data center sales that soared 112% to $30.8bn.

The AI era is in full swing, propelling a global transition to Nvidia computing, said founder and CEO Jensen Huang. Demand for Hopper and anticipation for Blackwell - which is in full production - are incredible.

For Q4, Nvidia notably estimates its adjusted gross margin at 73.5%, plus or minus 50bp, for revenues expected at $37.5bn, plus or minus 2%.


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