Nvidia reported record revenues of $2 billion for the third fiscal quarter ended October 30, and it blew past Wall Street estimates for both revenues and earnings. Nvidia’s stock rose 13 percent in after-hours trading to $76.66 a share.
Nvidia is riding high on virtual reality, PC gaming, car computing, and artificial intelligence infrastructure. In the third quarter, GAAP earnings were 83 cents a share, up 89 percent from a year ago, on revenue of $2 billion (up 54 percent from last year). Analysts had expected 57 cents per share on revenues of $1.69 billion.

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