Nvidia Q3: revenue up 62% and net income up 65% on strong AI chip demand; shares up ~4% after hours; market cap recently topped $5T.

Q4 guidance also exceeded the analyst consensus estimates on the top and bottom lines. Nvidia's report indicates that the outlook for the AI market in general remains robust. Investors' positive reaction is attributable to Q3 revenue and adjusted earnings per share both beating Wall Street's estimates,

Michael Burry slams Nvidia’s Q3 results, accusing the AI giant of hiding true stock-based compensation costs and warning that the booming AI industry may be an unsustainable bubble.

Record revenue of $57.0 billion, up 22% from Q2 and up 62% from a year ago Record Data Center revenue of $51.2 billion, up 25% from Q2 and up 66% from a year ago Nvidia foresees continued revenue growth in the fourth quarter of its fiscal 2026,

Renowned investor Michael Burry raises alarms about Nvidia's accounting practices, focusing on stock-based compensation and potential earnings overstatements following the company’s impressive quarterly results.

“There’s been a lot of talk about an AI bubble,” he said, but made it clear that Nvidia is seeing something remarkably different in the real world. Blackwell sales, he said, felt “off the charts,” while cloud GPUs are “sold out,” and demand is being driven by actual spending, not hype.

Chris Caso, Wolfe Research senior analyst, joins 'Squawk Box' to discuss Nvidia's quarterly earnings results, company sales outlook, the fair value for Nvidia shares, and more.