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StocksMediumUpdated×2•Originally published 20 March 2026•Updated 21 March 2026•

1 min read

Nvidia Hits Record $68.1 Billion Revenue Amid Surging Blackwell Chip Demand

Key Facts

1Nvidia CEO Jensen Huang announced a monster revenue forecast driven by orders for Blackwell and Vera Rubin chips.

2 months ago

Version History

6 additional sources confirmed this story

Version 22 months ago

What changed: Updated the story to include Nvidia's dominance in the data center GPU market and the CEO's outlook for sustained demand through the end of 2027.

Version 13 months ago

What changed: Updated the story to include the specific quarterly revenue figure of $68.1 billion and the acceleration of the company's growth momentum.

Nvidia achieved record quarterly revenue of $68.1 billion, surpassing expectations and solidifying its market leadership. CEO Jensen Huang highlighted that the company's growth momentum is accelerating, driven by massive demand for the next-generation Blackwell and Vera Rubin AI architectures. Notably, Nvidia now controls a dominant portion of the data center GPU market, a key pillar of its competitive advantage. Huang expressed high confidence in sustained demand levels extending through the end of 2027, providing a significant long-term bullish outlook. Major tech firms continue to increase capital expenditures on AI infrastructure, fueling Nvidia's rapid expansion. Analysts note that this trajectory reinforces the positive narrative for NVDA shares and related semiconductor indices like SOXX and QQQ.