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Zenger
Zenger
Business
Shanthi Rexaline

Nvidia’s Stellar Q3 Performance Impresses Elon Musk As Revenue Soars

Elon Musk Nvidia Tesla Inc.
In the third quarter ending on Oct. 29, 2023, Nvidia reported revenue of $18.12 billion, reflecting a remarkable 206% year-over-year growth and a substantial 34% sequential growth. PHOTO BY MICHAEL FORTSCH/UNSPLASH

Nvidia Corp. (NASDAQ:NVDA) delivered yet another exceptional quarterly performance on Tuesday, surpassing both revenue and earnings expectations, while its guidance exceeded projections. The chipmaker’s remarkable revenue growth, fueled by the AI boom, garnered attention from none other than Tesla CEO Elon Musk.

In the third quarter ending on Oct. 29, 2023, Nvidia reported revenue of $18.12 billion, reflecting a remarkable 206% year-over-year growth and a substantial 34% sequential growth.

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