Nvidia releases its earnings report, the tech giants stock price jumps in extended trade as it breaches all estimates to record 62% year-over-year jump; check here

NVIDIA announced a record third-quarter revenue of $57.0 billion, a 62% increase year-over-year, driven by soaring demand for its Blackwell GPUs and cloud services. CEO Jensen Huang highlighted the accelerating compute demand and the expanding AI ecosystem, as the company's stock rose in extended trading following the strong profit report.