Nvidia (NVDA) reported t꧋hird-quarter results that beat analysts’ estimates on the top and bottom lines, though shares fell slightly in extended trading Wednesday as investors may have had higher expectations.

The 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) chipmaker saw third-quarter revenue nearly double year-over-year to a record $35.08 billion, above the analyst consensus from Visible Alpha. Net income at $19.31 billion more than doubled from the year-ago period, also topping projections.

Data Center Revenue Hits Record High

Nvidia's revenue gains came as data center revenue, a key figure for Nvidia’s AI ambitions, more than doubled to a record $30.8 billion. 

The company forecast revenue of $37.5 billion for its fiscal fourth quarter, above the analyst consensus of $36.9 billion. 

“The age of AI is in full steam, propelling a global shift to NVIDIA computing,” CEO Jensen Huang said in a release, adding “demand for Hop🌊per and anticipation for Blackwell—in full production—are incredible.♑"

Shares of Nvidia were 2% lower in extended trading Wednesday following the earnings release. They've nearly tripled in value since the start of the year through Wednesday's close.