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After the market close on November 19 (Eastern Time), NVIDIA, a leading AI company in the US stock market, released its financial results for the third quarter of fiscal year 2026. Revenue reached $57 billion, up 62% year-on-year and 22% sequentially, surpassing market expectations of $54.92 billion. Net profit soared by 65% year-on-year to $31.9 billion. Revenue from the data center business hit $51.2 billion, up 66% year-on-year and accounting for nearly 90% of total revenue. Notably, the Blackwell chip saw strong sales in its first quarter of large-scale shipments. The company expects revenue for the fourth fiscal quarter to be around $65 billion, higher than market expectations of $62 billion. Buoyed by the positive financial results, NVIDIA's stock price surged by over 5% in after-hours trading.
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