Nvidia Earnings Shatter Records as AI Demand Defies Bubble Fears

Nvidia has once again stunned Wall Street with blockbuster quarterly results. The chipmaker announced fiscal third-quarter earnings on November 19, 2025. Revenue surged to $57 billion, significantly outpacing analyst expectations.

This performance underscores the relentless demand for artificial intelligence computing power. According to Reuters, the company’s data center division was the primary growth engine.

Behind the Stunning Numbers and Market Reaction

Nvidia’s earnings per share came in at $1.30, beating estimates of $1.26. The company’s stock rose 3% in after-hours trading following the news. This adds to a nearly 40% gain for the year so far.

CEO Jensen Huang pointed to exponential growth in compute demand. He stated that AI training and inference workloads are both scaling rapidly. The company’s guidance for the next quarter also exceeded forecasts.

Navigating the AI Bubble Debate

The spectacular results arrive amid growing concerns of an AI market bubble. Some prominent investors have recently reduced their holdings in Nvidia. Reports from the Associated Press highlight worries about “circular” deals inflating demand.

These complex arrangements involve chipmakers, cloud providers, and AI startups. Critics question if they represent genuine, sustainable need. Yet, the current earnings report suggests underlying demand remains robust for now.

The company’s strategic partnerships also signal long-term planning. Nvidia committed up to $10 billion to AI startup Anthropic. A separate collaboration with OpenAI involves a staggering $100 billion investment in future data centers.

These moves aim to secure Nvidia’s position at the center of the AI ecosystem. They also fuel the debate on whether this expansion is built to last.

Thought you’d like to know-

What were Nvidia’s key Q3 2025 earnings figures?

Nvidia reported Q3 revenue of $57 billion. Earnings per share were $1.30. Both figures comfortably beat Wall Street projections.

How did the stock market react to the earnings?

Nvidia’s stock price increased by 3% after the announcement. The company’s market value continues to be a major component of the S&P 500 index.

What is driving Nvidia’s continued growth?

Demand for AI data center chips remains the primary driver. CEO Jensen Huang cited exponential growth in both training and inference workloads across industries.

Are there concerns about an AI bubble?

Yes, some investors worry the AI sector is overheating. Questions about sustainable demand and complex financial deals have sparked debate among analysts.

What are Nvidia’s major strategic partnerships?

Nvidia has significant deals with Anthropic and OpenAI. These involve multi-billion dollar investments to build advanced AI data centers and computing infrastructure.

What is Nvidia’s future outlook?

The company provided strong guidance for the next quarter. It expects revenue to reach approximately $65 billion, again surpassing analyst estimates.