Nvidia nearly doubles quarterly revenues as AI gold rush continues

The chipmaker saw net income rise by more than 100% despite supply chain constraints.

Dive Brief:

• Nvidia revenues increased 94% year over year to $35 billion in the three-month period ending Oct. 27, despite supply chain constraints on its chip manufacturing business, CFO Colette Kress said during a Q3 2025 earnings call Wednesday.
• The increase represented a slowdown for the chipmaker, which enjoyed triple-digit growth for five consecutive quarters, driven largely by demand for the company’s AI-optimized graphics processing units. Nvidia’s net income more than doubled year over year to $19 billion, Kress said.
• “We are racing to scale supply to meet the incredible demand customers are placing on us,” Kress said. “We expect fourth quarter revenue to decline sequentially due to supply constraints.”