Nvidia Posts Q3 Earnings of US$57 Billion, Taiwan's Stock Market Surges

TaiwanPlus News

Nvidia’s Q3 revenue has jumped over 60% to US$57 billion, driven by soaring AI demand. The US chipmaker said strong sales, especially of its high-end Blackwell chips, reflect a rapidly growing global AI ecosystem. Nvidia manufactures most of its chips in Taiwan and the news lifted the Taiex, while Nvidia shares rose more than 5% in after-hours trading.

Transcript

00:00NVIDIA says its third quarter revenue surged more than 60 percent to reach 57 billion U.S. dollars.

00:07In its latest earnings report, the U.S. chipmaker attributed the sharp jump to continued booming demand for AI,

00:12despite recent worries of a market bubble.

00:15CEO Jensen Huang said the global AI ecosystem is scaling fast,

00:19and described sales of the firm's top-end Blackwell chips as off the charts.

00:24NVIDIA produces most of its chips here in Taiwan,

00:26and the country's flagship Tyx stock market opened sharply higher following the news.

00:31NVIDIA's stock was also up over 5 percent in after-hours trading.

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