Nvidia revenue jumps 62% YoY despite AI bubble concerns
Amid AI bubble concerns, Nvidia recorded $57 billion in sales for third quarter of FY26, marking a 22% increase from the previous quarter and a 62% YoY rise in revenue. The company exceeded Wall Street's revenue expectations, driven by demand for its chips used in AI data centres. Nvidia expects revenue to reach $65 billion in fourth quarter of FY26.