Nvidia just sold more AI chips than it’s ever sold before, blowing past its estimates in its Q3 2026 earnings. Not only did it pull in $57 billion in revenue — and roughly $4,000 of pure profit per second — it grew its data center business by $10 billion in a single quarter alone. It reported a record $51.2 billion from that data center business, a 66 percent increase over last year.
A lot of eyes are on Nvidia’s data center revenue right now as a bellwether for the “AI bubble” as a whole. Nvidia doesn’t seem to expect its data center growth to slow down despite fears of that bubble popping — its Q4 outlook is a whopping $65 billion, which would require it to grow quarterly revenue by another $8 billion in just three more months.
Nvidia CEO Jensen Huang says the company’s selling every AI server chip it can make: “Blackwell sales are off the charts, and cloud GPUs are sold out.” Nvidia adds that its Blackwell Ultra chip is driving the bulk of that: “Blackwell Ultra is now our leading architecture across all customer categories while our prior Blackwell architecture saw continued strong demand.”
Additionally, gaming revenue is up 30 percent year-over-year, a good sign for Nvidia’s Blackwell gaming chips, which got off to a bit of a rocky start with some mixed reviews of the RTX 50-series GPUs earlier this year.
We’re listening to Nvidia’s investor call right now and will update you if there are additional notable details we hear.