Nvidia Forecasts $65 Billion in Q4 Revenue for Fiscal 2026, Beating Market Expectations
Nvidia’s Q3 FY2026 revenue surged to $57 billion, exceeding forecasts, with shares rising pre-market amid strong AI-chip demand and optimistic outlook for Q4.
Fact Check
The statement is assessed as highly likely to be true based on overwhelming and consistent evidence from multiple authoritative sources. The primary source, a syndication of Nvidia's official Q3 FY26 earnings announcement, is the standard venue for such a forecast. This is directly corroborated by several top-tier financial news organizations, including Reuters, CNBC, Bloomberg (via Yahoo Finance), and CBS News. All relevant sources explicitly state that Nvidia forecasted its fourth-quarter revenue to be $65 billion. There are no contradictions among the credible sources provided. Sources that were speculative, published before the announcement, or were too general in scope were correctly identified as irrelevant and disregarded. The high authority of the sources and the complete consistency of their reporting on this specific data point provide a high degree of confidence in the statement's truthfulness.
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Summary
Nvidia posted fiscal 2026 Q3 revenue of $57 billion, surpassing the $54.92 billion market estimate and jumping from $35.082 billion a year earlier. The company maintained its projection for Q4 revenue at $65 billion, signaling confidence in continued AI-driven chip demand. Pre-market shares climbed 4.9% following the announcement, reflecting strong investor sentiment.
Terms & Concepts
- AI-driven chip sales: Refers to the growing demand for semiconductors designed to accelerate artificial intelligence workloads, boosting company revenues and market performance.