On Wednesday, Nvidia disclosed its financial performance for the third quarter of fiscal year 2026. The tech giant reported a staggering revenue of $57.01 billion, marking a substantial 62% year-on-year surge. Additionally, its earnings per share stood at $1.30, reflecting a notable 60% increase compared to the same period last year. Both figures comfortably outstripped the forecasts set by Wall Street analysts.
Looking ahead, Nvidia has projected its revenue for the upcoming fourth quarter to reach approximately $65 billion, a figure that again eclipses market expectations. This positive outlook has spurred investor confidence, as evidenced by the nearly 5% spike in Nvidia's stock price during after-hours trading.
