Nvidia Posts Record Revenues, Reaffirming Markets AI Boom

Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 in San Jose, Calif., on March 18, 2025. Justin Sullivan/Getty ImagesShares of artificial intelligence (AI) chipmaker Nvidia surged in after-hours trading on Nov. 19 after the company reported better-than-expected results, reaffirming the market’s enthusiasm for the new technology.In its fiscal third-quarter earnings, Nvidia reported record revenue of $57 billion, beating the market consensus of $54.92 billion. This represented a 22 percent increase from the previous quarter and a 62 percent spike from the same time a year ago.