Nvidia (NVDA) reported its third quarter earnings results, beating expectations with data center revenue hitting $30.8 billion, surpassing the anticipated $29.1 billion. Overall, revenue reached $35.1 billion, exceeding the $33.2 billion forecasted by Wall Street. Despite the strong results, Nvidia’s fourth quarter forecast of $37.5 billion, slightly above the anticipated $37.1 billion, was not enough to stir up excitement in the chip stock.CFRA Research senior equity analyst Angelo Zino joins Market Domination Overtime Co-hosts Josh Lipton and Julie Hyman to share his optimism for Nvidia given demand for its data center services and projected growth tied to Blackwell AI chip forecasts for the coming year.“If you’re an investor out there and you’re kind of looking to get into the name, the fundamentals of this company, the free cash flow potential of this company,” Zino says, “[it] will continue to be absolutely enormous and exceed some of those expectations out there.”
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