Silver Spikes to $62.89 on Fed Cut – But Weekly Bearish Divergence Flashes Caution: Don’t Chase, Wait for the Dip 
Revenue:
On November 20, 2024, NVIDIA announced its financial results for the third quarter of fiscal 2025, showing impressive growth due to high demand for AI technology. The company earned a record $35.1 billion in revenue, a 17% increase from the previous quarter and a huge 94% increase from the same time last year.
Data Center Revenue:
Its Data Center division also reached a record with $30.8 billion in revenue, which is up 17% from the last quarter and 112% from a year ago.
Earnings Per Share (EPS):
NVIDIA reported earnings per share of $0.78, up 16% from the prior quarter and 111% from last year.
CEO Commentary:
CEO Jensen Huang said that "the age of AI is in full steam," and the company expects strong growth to continue as more industries use its AI technology.
Future Outlook:
NVIDIA anticipates continued strong performance, driven by ongoing advancements in AI technology and increasing adoption across various sectors. This report reinforces NVIDIA's position as a leader in the AI chip market.
