In the third quarter of 2025, Nvidia released its financial report. Its Blackwell AI chip has been fully put into production and has achieved impressive results. Artificial intelligence-related business revenue reached US$30.7 billion, accounting for the majority of total revenue, indicating strong demand in the AI market and further consolidating Nvidia's leadership position in the global technology industry. Profit for this quarter reached US$19.3 billion, continuing to grow compared with the previous two quarters, reflecting the company's strong profitability and development momentum. This article will provide a detailed interpretation of NVIDIA's financial report data, market competition situation and future development trends.
In its financial report for the third quarter of 2025, NVIDIA announced that its Blackwell AI chip has entered the full-scale production stage, and the company's overall performance has achieved new results, further consolidating its leadership position in the global technology industry. In this quarter, Nvidia's artificial intelligence-related business revenue reached US$30.7 billion, accounting for the majority of total revenue, showing strong demand in the AI market.
Despite recent reports that Nvidia's new flagship Blackwell AI server may face cooling issues, the company has not responded. Nvidia executives said on a conference call that Blackwell's production is in good shape and is "progressing at full speed." Chief Financial Officer Colette Kress revealed that the company has delivered 13,000 obsidian samples to customers this quarter. Nvidia CEO Jensen Huang even said that Blackstone’s success has brought billions of dollars in revenue to the company.
It is worth mentioning that although Nvidia started with graphics processing and business, its data center revenue now far exceeds that of other businesses. Nvidia's gaming revenue ranges from $2 billion to $3 billion per quarter, and its AI-driven data center revenue reached $30.7 billion in the quarter, becoming its main source of profit. According to the financial report, Nvidia's profit in the first quarter was US$14.8 billion, and in the second quarter it was US$16.6 billion. This quarter, it climbed to US$19.3 billion, showing strong growth momentum.
Although AMD, which competes with Nvidia, is still in the catching-up stage in the AI market, it is also adjusting its strategy and shifting its focus to AI development. Both AMD and Nvidia have accelerated the frequency of new product launches, promising that new chips will be available every year to meet growing market demand. Such a strategy has led to more frequent technology updates between new generations of chips, which will also affect companies when purchasing and updating data center equipment.
In addition, Nvidia's H200 chip has become the fastest-selling product in its history, with quarterly revenue of billions of dollars. The H100 chip is Nvidia's early AI product. Although its success came later, Huang Renxun expects that demand for H-series chips will continue until most of next year. At the same time, Intel has made relatively slow progress in the field of AI and is currently reorganizing to cope with future market challenges.
Highlight:
Nvidia's Blackwell AI chip has entered full production and is expected to continue to drive performance growth.
Nvidia’s data center AI revenue reached $30.7 billion in the quarter, with profits of $19.3 billion.
AMD is also accelerating the development of AI chips and transforming to adapt to market demand.
All in all, NVIDIA has achieved significant success in the AI field with its powerful AI chip technology and market strategy. However, fierce market competition has also forced Nvidia and its competitors to continuously accelerate technological innovation and product iteration. The future development of the AI market deserves our continued attention.