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NVIDIA Surpasses Earnings Expectations Amid Sustained AI Demand

NVIDIA reported third-quarter financial results on Wednesday that exceeded Wall Street estimates, driven by continued investment in artificial intelligence infrastructure. The chipmaker announced revenue of $35.1 billion, a 94% increase from the previous year. While the company's data center business remains a primary growth engine, investors are closely monitoring the production timeline of the new Blackwell chips. CEO Jensen Huang stated that demand for Blackwell is 'staggering,' though some analysts noted a slight deceleration in growth rates compared to previous quarters. Despite the strong performance, NVIDIA's stock saw modest fluctuations in after-hours trading as the market weighed high expectations against the company's future guidance.

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