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Nvidia’s AI Expansion Aligns With Rapid Revenue Growth Reported by Palantir
Nvidia posted 62% revenue growth alongside Palantir’s 63% expansion, reflecting rising demand for AI hardware and enterprise platforms across commercial and government sectors.
Nvidia reported fiscal Q3 revenue of $57 billion, a year-over-year increase of 62%, supported by strong demand for its Blackwell architecture chips and cloud-focused GPU systems. The company highlighted three ongoing shifts in computing: the transition from CPU to GPU-driven workloads, the expansion of generative AI integrations, and the emergence of agentic AI as a new development frontier. Palantir Technologies recorded 63% revenue growth to $1.18 billion in the same quarter, reflecting elevated adoption of its AI Platform across government and commercial users.