Nvidia Earnings: Crushing the AI Bubble Narrative with Numbers
Feat. Jensen Huang's Counterattack
Hello everyone!
I bet many of you lost sleep last night waiting for Nvidia's earnings call. 😅
The moment the whole world was watching—Nvidia's Q3 Fiscal Year 2026 results (announced Nov 2025)—has finally arrived.
To give you the bottom line first: "Worrying was a complete waste of time."
As if mocking the "AI Bubble" theories that have been weighing down the market, Nvidia delivered yet another Earnings Surprise.
NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2025
Here is the breakdown of the key takeaways. 👇
📊 1. The Summary: "The Numbers Do the Talking"
The market had been casting doubt, whispering that "it's time for the growth to slow down," but Nvidia smashed those expectations effortlessly.
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Revenue: $57 Billion 📈
They breezed past the consensus ($54.9B) and grew a massive 62% year-over-year. -
Data Center Revenue: $51.2 Billion
90% of their total revenue came from AI data centers. This is proof that Big Tech is still pouring money in. -
Earnings Per Share (EPS): $1.30 (Beating the $1.25 estimate)
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Guidance: They set a revenue target of $65 Billion for the next quarter, essentially declaring, "Our growth isn't stopping."
🥊 2. Main Event: The Bubble Theory vs. Jensen Huang
Actually, the highlight of this earnings call wasn't just the numbers, but the management's commentary. Recently, there has been a pessimistic narrative on Wall Street asking, "They're spending billions, but where is the ROI?" or "This is all a bubble."
CEO Jensen Huang systematically dismantled these arguments during the conference call.
1. "It's not just buying chips; it's Infrastructure Modernization."
"We are in the middle of replacing $1 trillion worth of legacy data centers worldwide with 'accelerated computing.' This isn't a passing fad; it's an upgrade on the scale of an industrial revolution."
2. "Demand for Blackwell is 'Insane'."
"Our next-gen chip, 'Blackwell'? Next year's supply is already Sold Out. Customers are clamoring for more. How can you call this a bubble?"
3. "Welcome to the era of 'Agentic AI'."
"Until now, AI just answered questions. Now, it's becoming an 'Agent' that performs tasks autonomously. This requires exponentially more computing power. Demand isn't shrinking; it's exploding."
🌍 3. Global Media Reaction: "The Party Goes On"
Major US media outlets also poured out positive coverage.
📰 Bloomberg: "Nvidia's $57 Billion Quarter Disproves Bubble Fears"
📰 WSJ: "AI Revolution Is Just Getting Started"
📰 CNBC: "Jensen Huang signals AI spending spree continues"
💡 Investor Takeaway:
"Climbing the Wall of Worry"
Do you feel burdened because the stock price has risen so much?
However, since the money they are making (earnings) is growing faster than the price,
the valuation remains attractive.
Now that the market leader, Nvidia, has proven it's still going strong, we can expect warm tailwinds for memory chip makers like SK Hynix and Samsung Electronics as well.
For those of you who were anxious about the AI bubble, you can sleep soundly tonight! 😴
