Will Nvidia (NVDA) continue recent winning streak in Q3 FY26?

Semiconductor large Nvidia Company (NASDAQ: NVDA) is making ready to report third-quarter earnings, with traders watching intently for indicators of sustained momentum in its information middle enterprise. It’s estimated that third-quarter revenues and earnings benefited from the robust demand for AI chips and the ramp-up of Nvidia’s Blackwell structure.

Bullish View

The Q3 report is slated for launch on Wednesday, November 19, at 4:20 pm ET. Signaling a repeat of the corporate’s blockbuster efficiency in current quarters, Wall Road analysts forecast a 54% soar in third-quarter adjusted earnings to $1.25 per share. The constructive outlook displays an estimated 56.3% development in Q3 revenues to $54.83 billion. Notably, quarterly revenue and the highest line have crushed estimates constantly up to now three months.

After gaining steadily over the previous a number of months, Nvidia’s inventory not too long ago set a brand new report. The final closing value is round 35% larger than the 52-week common value of $147.80. The inventory has gained a formidable 43% this yr, always outperforming the S&P 500 index. Market watchers are optimistic about NVDA’s prospects, and nearly all of them advocate shopping for the inventory. On Tuesday, Softbank offered its complete stake in Nvidia, inflicting expertise shares to say no amid considerations concerning the AI spending spree.

One other Sturdy Quarter

Within the second quarter, Nvidia’s income elevated sharply to $46.7 billion from $30.04 billion in Q2 2025, exceeding estimates. The highest-line benefited from a 56% surge in Knowledge Heart revenues. Earnings, adjusted for particular objects, rose to $1.05 per share in Q2 from $0.68 per share a yr earlier, beating estimates. On a reported foundation, web revenue was $26.4 billion or $1.08 per share.

Commenting on Nvidia’s AI-focused capital spending, CEO Jensen Huang stated within the Q2 FY26 earnings name, “The USA represents about 60% of the world’s compute, and over time, you’ll suppose that synthetic intelligence would replicate GDP scale and development, and could be, in fact, accelerating GDP development. So our contribution to that could be a massive a part of the AI infrastructure out of a gigawatt AI manufacturing unit, which may go anyplace from $50 billion to you realize, plus or minus 10%, let’s say $50 billion to $60 billion. We characterize about $35 billion plus or minus of that, and $35 billion out of $50 billion or so billion for a gigawatt information middle.”

Partnership

Throughout markets, billions of {dollars} are being poured into AI infrastructure, and this surge is immediately fueling demand for Nvidia’s AI chips. Just lately, the corporate joined the India Deep Tech Alliance as a founding member and strategic technical adviser. It’s a coalition of US and Indian enterprise and personal fairness companies, pursuing the purpose of mobilizing personal capital and technical experience to speed up the expansion of deep tech corporations.

On Tuesday, Nvidia’s shares opened larger and traded barely beneath the $200 mark within the early hours. The inventory is up 7% since final month.