Nvidia reported a strong Q3 with revenue growing 62% to $57.01 billion, beating estimates. Adjusted EPS increased to $1.30, exceeding expectations. The company’s guidance for the current quarter is above consensus estimates and the whisper number, driving a 5% jump in after-hours trading. Nvidia’s CEO highlighted the company’s growth drivers, including AI and accelerated computing transitions. Nvidia’s AI GPUs are powering data centers worldwide, with strategic investments and a robust outlook for future revenue. Revenue in the data center segment surged 66%, while gaming and professional visualization also saw strong growth. Nvidia’s Q4 revenue guidance of $65 billion exceeded estimates, with improved gross margins and operating expenses in line with expectations.

Read more at CNBC: Nvidia beat and raise should wow its critics, and the stock soars