Nvidia Says Its Blackwell AI Chip Is ‘Full Steam’ Ahead

Nvidia has solidified its position as the world’s most valuable company, surpassing Microsoft and Apple, thanks to its dominance in AI chip technology. In its Q3 2025 earnings call, Nvidia reported record-breaking AI revenues and assured investors that the momentum is just beginning.

Blackwell AI Chips in Full Production

Despite a recent report from The Information suggesting potential cooling issues with its flagship Blackwell AI servers, Nvidia didn’t address these claims during its earnings call. Instead, the company reaffirmed that Blackwell is in “full production” and “full steam ahead,” with deliveries ramping up every quarter.

• Nvidia shipped 13,000 Blackwell samples to customers this quarter.
• CEO Jensen Huang highlighted its success, stating, “As you can see from all the systems being stood up, Blackwell is in great shape.”
• CFO Colette Kress confirmed Blackwell’s rollout and projected billions in sales impact.

The Dominance of Nvidia in AI Chips

Nvidia’s data center business, driven by AI, has outstripped its other segments by a massive margin:

• Gaming revenue: $2–3 billion per quarter.
• Data center revenue: $30.7 billion this quarter, accounting for the majority of its $35 billion in quarterly earnings.

Much of this is profit:

• Q1 profit: $14.8 billion.
• Q2 profit: $16.6 billion.
• Q3 profit: $19.3 billion.

For comparison:

• Microsoft and Apple made $24.7 billion and $21.4 billion in profits, respectively, this past quarter.

AI Chip Strategy: Faster, Better, More Frequent

Nvidia’s competitors are also adapting to the explosive growth in AI:

• AMD is shifting its focus from flagship gaming GPUs to AI chips, speeding up its product release timelines.
• Intel, trailing significantly in the AI space, is undergoing a major restructuring.

Nvidia itself has accelerated its chip development:

• The H200, announced last year, has become the fastest-selling product in the company’s history, reaching billions in revenue this quarter.
• Its predecessor, the H100, continues to see strong demand, which Nvidia expects to sustain well into next year.

The AI Gold Rush

While rivals like AMD are following Nvidia’s AI-first strategy, the company’s unmatched scale and profitability in the AI chip market keep it far ahead in the race. Nvidia’s Blackwell and H-series chips are cementing its dominance in this second era of AI, which promises continued growth in the years to come.