Nvidia Forecasts Fourth-Quarter Revenue Well Ahead of Estimates

Nvidia has projected fourth-quarter revenue of around US$65 billion, plus or minus 2 percent, comfortably exceeding Wall Street’s average estimate of about US$61.66 billion. This forecast comes on the heels of a strong third quarter in which data-centre sales surged, alleviating investor concerns that the AI infrastructure boom might be peaking.

CEO Jensen Huang emphasised that demand for Nvidia’s advanced chips remains broad and deep — across cloud providers, enterprise customers and global markets — underlining the company’s dominant position in the AI value chain. The forecast also included an expected adjusted gross margin of 75 percent, plus or minus 50 basis points, signalling confidence in both scale and profitability.

Analysis / Impact:
This is a pivotal moment for Nvidia and the broader AI ecosystem. The strong guidance suggests that the AI-infrastructure build-out is still accelerating, not cooling off, which may blunt fears of an “AI bubble” for now. For Nvidia, the big number helps validate its strategy of investing heavily in next-generation chips and scaling aggressively.

As global compute demand grows, firms in these regions face both opportunity and challenge: opportunity because the standards and infrastructure may trickle down, challenge because cost, supply-chain access and localisation remain uphill.

The question now is about durability: can Nvidia convert this demand into sustained growth without major bottlenecks — like power, land, cooling or supply-chain constraints — derailing momentum? The forecast is positive, but the environment remains complex.