Nvidia Reports $57 Billion Revenue Alongside Databricks' $4 Billion Funding

Nvidia continues to dominate the artificial intelligence market, with demand for its chips significantly outpacing supply. CEO Jensen Huang confirmed the company is sold out of cloud GPUs. In the third quarter of fiscal year 2026, Nvidia's revenue surged by 62% to $57 billion, with a substantial $51.2 billion generated from its data center segment. Analysts project Nvidia's revenue will climb another 48% in fiscal year 2027, reinforcing its position as a top performer. The company also launched Nemotron 3, a new family of AI models, and its H200 data center chip remains in high demand, even with tariffs on sales to approved Chinese customers. Major players are making significant AI investments. Meta Platforms, for instance, has seen its share price jump 466.2% over the past three years, driven by heavy investment in AI infrastructure, including purchasing numerous advanced GPUs from Nvidia and developing its own AI chips. CEO Mark Zuckerberg views AI as crucial for future growth and enhancing user engagement. Similarly, Databricks recently secured over $4 billion in a Series L funding round, pushing its valuation to $134 billion, a 34% increase. The company focuses on AI products like Lakebase and Databricks Apps, with over $1 billion of its $4.8 billion run-rate revenue now coming from AI offerings. Investment in AI hardware is also expanding, as seen with Navier, an AI hardware startup, which raised a US$5.6 million seed funding round with participation from Y Combinator. Navier plans to develop AI-powered hardware solutions for the aerospace and automotive industries. Beyond hardware, companies like Kyndryl Holdings are offering new AI-powered services for IBM z/OS customers, earning a 'Buy' rating from Guggenheim. Dividend-paying AI stocks such as IBM, Cisco Systems, and Nokia are also attracting attention, with Nokia recently partnering with Nvidia, which is investing $1 billion in the Finnish company. The broader AI boom is also benefiting utility companies, with Bank of America identifying five top utility stocks expected to profit from powering rapidly expanding data centers across the US.

Key Takeaways

• Nvidia's Q3 FY2026 revenue reached $57 billion, with $51.2 billion from data centers, marking a 62% increase.
• Nvidia is currently sold out of cloud GPUs, indicating high demand, and analysts expect its revenue to grow 48% in FY2027.
• Meta Platforms' stock has soared 466.2% over three years due to significant investments in AI infrastructure, including purchasing Nvidia GPUs.
• Databricks raised over $4 billion in Series L funding, increasing its valuation to $134 billion, with over $1 billion of its run-rate revenue from AI products.
• AI hardware startup Navier secured US$5.6 million in seed funding, with Y Combinator participating, to develop solutions for aerospace and automotive sectors.
• Kyndryl Holdings Inc. is considered an affordable AI stock, offering new AI-powered services for IBM z/OS customers.
• IBM, Cisco Systems, and Nokia are highlighted as dividend-paying AI stocks, with Nokia partnering with Nvidia, which is investing $1 billion.
• Nvidia launched Nemotron 3, a family of AI models, and its H200 data center chip continues to see high demand.
• Bank of America identified five utility stocks (Public Service Enterprise Group, Alliant Energy Corporation, Sempra, Southwest Gas, Xcel Energy) poised to benefit from powering growing AI data centers.
• Global data center spending is projected to reach $3 trillion to $4 trillion by 2030, with AI data center demand potentially reaching $8 trillion by then.

Nvidia Dominates AI Market Forecast for 2026

Nvidia remains a strong AI stock for 2026 as demand for its chips far outpaces supply. CEO Jensen Huang reported the company is sold out of cloud GPUs. In the third quarter of fiscal year 2026, Nvidia's revenue rose 62% to $57 billion, with $51.2 billion from data centers. Experts predict global data center spending will reach $3 trillion to $4 trillion by 2030, ensuring continued demand for Nvidia's products. Analysts expect Nvidia's revenue to rise 48% in fiscal year 2027, making it a top performer.

Nvidia Remains a Strong AI Stock for 2026

Nvidia continues as a leading AI stock, despite a 35% rise in 2025 being slower than some others. CEO Jensen Huang announced Nvidia is sold out of cloud GPUs, showing huge demand. In the third quarter of fiscal year 2026, the company's revenue increased 62% to $57 billion, with $51.2 billion from data centers. Analysts expect Nvidia's revenue to grow 48% in fiscal year 2027, predicting it will outperform the market again. The company's chips are in high demand as data center spending is expected to reach $3 trillion to $4 trillion by 2030.

Meta Stock Soars 466 Percent with Big AI Investments

Meta Platforms has seen its share price jump 466.2% over the last three years. The company is heavily investing in AI infrastructure, buying many advanced GPUs from Nvidia and developing its own AI chips. CEO Mark Zuckerberg believes AI is key for future growth, improving products, and user engagement. Meta also expands its Reels video feature to compete with TikTok and enhances advertising tools using AI to boost revenue.

Y Combinator Invests 5.6 Million in AI Hardware Startup Navier

Y Combinator, a top Silicon Valley accelerator, joined a US$5.6 million seed funding round for Navier. Navier is an AI hardware startup that plans to use the money to grow its platform. The company will focus on developing AI-powered hardware solutions for the aerospace and automotive industries. This investment highlights the growing interest in AI hardware and its potential to change traditional sectors.

Kyndryl Holdings Offers Affordable AI Stock Opportunity

Kyndryl Holdings Inc. (NYSE:KD) is considered a top affordable AI stock. On November 26, Guggenheim analyst Jonathan Lee gave it a Buy rating and a $30 price target. This positive outlook follows Kyndryl's new AI-powered services for IBM z/OS customers. The company, a global leader in IT infrastructure services, also benefits from the growing digital transformation trend. Kyndryl has a $7.5 billion market capitalization and has gained 15% year-to-date.

Databricks Secures 4 Billion Dollars for Growing AI Business

Databricks raised over $4 billion in a Series L funding round, valuing the company at $134 billion. This marks a 34% increase from its previous $100 billion valuation. The company focuses on AI products like Lakebase, a database for AI agents, and Databricks Apps. Databricks now generates over $4.8 billion in run-rate revenue, with more than $1 billion coming from its AI offerings. CEO Ali Ghodsi stated the new capital will help customers build AI apps and agents.

NVIDIA Stock Rises with New AI Models and Strong Chip Demand

NVIDIA shares rebounded to $176.12 on December 15, 2025, driven by new products and strong demand. The company launched Nemotron 3, a family of AI models for agentic systems, which offers better performance and lower costs. Demand for NVIDIA's H200 data center chip remains high, even with sales to approved Chinese customers facing a 10% tariff. Wall Street analysts are more confident, expecting AI spending to grow, with McKinsey & Company predicting AI data center demand could reach $8 trillion by 2030.

Canadian Stock Remains Safe Amid Chinese AI Growth

The article discusses the rise of Chinese AI. It suggests that a specific Canadian stock remains a safe investment. The Motley Fool Canada published this analysis.

Three Dividend AI Stocks to Consider for 2026

Investors looking for dividend-paying AI stocks in 2026 can consider IBM, Cisco Systems, and Nokia. IBM offers a 2.2% dividend yield and saw strong Q3 revenue growth, especially in its software and infrastructure divisions with new IBM z17 servers. Cisco, with a 2.1% yield, is growing its networking business with AI-focused products like Nexus HyperFabric and Cisco Hypershield. Nokia provides the highest yield at 2.5% and recently partnered with Nvidia, which is investing $1 billion in Nokia.

Bank of America Names Top 5 Utility Stocks for AI Growth

Bank of America analysts picked five utility stocks expected to benefit from the AI boom in 2026. These companies provide power to data centers, which are growing rapidly across the US. Top picks include Public Service Enterprise Group, Alliant Energy Corporation, Sempra, Southwest Gas, and Xcel Energy. These companies operate in key regions like Texas, California, and the Southwest, where data center demand is high. Analysts predict strong growth for these utilities as AI infrastructure expands.

Sources

• Is Nvidia the Top Artificial Intelligence Stock to Own in 2026?
• Is Nvidia the Top Artificial Intelligence Stock to Own in 2026?
• Assessing Meta After Its AI Infrastructure Push and 466% Three Year Share Price Surge
• Y Combinator joins $5.6m round in US AI hardware startup Navier
• Is Kyndryl Holdings Inc. (KD) one of the best affordable AI stocks to buy now?
• Databricks raises $4B at $134B valuation as its AI business heats up
• NVIDIA Stock Rebounds as AI Product Launch and Data Center Demand Restore Confidence
• The Chinese AI Takeover Is Here, But This Canadian Stock Still Looks Safe
• 3 Dividend-Paying Artificial Intelligence Stocks to Buy in 2026
• These are BofA's 5 top stock picks in the sector that's powering the AI boom