NVIDIA’s Data Center business continues to drive growth, generating $51.22 billion in Q3 2026, a 66% YoY increase. Demand for AI computing and large-scale model training fueled the segment’s success, with hyperscalers investing in high-performance infrastructure.

Analysts project NVIDIA to exceed Q4 sales target of $65 billion, with a 66.6% YoY increase expected. Rivals AMD and Intel are competing closely in the AI data center space, with AMD’s MI300 series and Intel’s Gaudi series offering alternatives to NVIDIA’s offerings.

NVIDIA’s stock has risen 33.9% YTD, outperforming the sector. With a forward P/E ratio of 26.84, the company is expected to see a 54.5% and 51.3% YoY increase in fiscal 2026 and 2027 earnings, respectively, according to Zacks estimates.

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Read more at Nasdaq: NVIDIA’s Q3 Data Center Sales Soar 56%: Can NVDA Sustain the Momentum?