The film won nominations for best picture and best director, and its stars Michelle Yeoh and Ke Huy Quan won nods for best performance by an actress and an actor in a leading role.
Ten films were named as contenders for the coveted best picture prize: "All Quiet on the Western Front," "Avatar: The Way of Water," "The Banshees of Inisherin," "Elvis," "Everything Everywhere All At Once," "The Fabelmans," "Tár," "Top Gun: Maverick," "Triangle of Sadness" and "Women Talking."
Allison Williams and Riz Ahmed announced the nominations Tuesday morning at the Samuel Goldwyn Theater in Beverly Hills, California.
Voting for the nominations ended Jan. 17, and 9,579 members of the academy were eligible to vote, according to Variety. The academy said it had “record-breaking participation” for this year’s nominations, Variety reported.
There are 23 categories.
Angela Bassett was nominated for best supporting actress for “Black Panther: Wakanda Forever,” along with Hong Chau in “The Whale,” Kerry Condon in “The Banshees of Inisherin" and Jamie Lee Curtis and Stephanie Hsu, both for their roles in “Everything Everywhere All At Once.”
Bassett has already won a Golden Globe for best supporting actress for her role in the "Black Panther" sequel, and she is also nominated for a BAFTA, Britain’s equivalent of the Academy Awards, in that category.
“The Banshees of Inisherin," “The Fabelmans,” “Avatar: The Way of Water," “All Quiet on the Western Front” and “Top Gun: Maverick” also dominated the nominations.
Austin Butler snagged a nomination for best actor for his portrayal of Elvis Presley, joining Colin Farrell for “The Banshees of Inisherin," Brendan Fraser for “The Whale," Paul Mescal for “Aftersun” and Bill Nighy for “Living.”
Nominated for best actress were Cate Blanchett in “Tár," Ana de Armas for her portrayal of Marilyn Monroe in “Blonde,” Andrea Riseborough in “To Leslie" and Michelle Williams in “The Fabelmans,” along with Yeoh.
In the hat for best director are Martin McDonagh for “The Banshees of Inisherin," which clinched nine nods, Daniel Kwan and Daniel Scheinert for “Everything Everywhere All At Once,” Steven Spielberg for “The Fabelmans,” Todd Field for “Tár” and Ruben Östlund for “Triangle of Sadness.”
No women made it to the list of best directors.
Snubbed for the Academy Awards were the films “Till,” starring Danielle Deadwyler, a historical drama about Emmett Till's mother's pursuit of justice after her son was lynched in Mississippi in 1955, and “The Woman King,” starring Viola Davis, centering on a group of female warriors protecting the African kingdom of Dahomey.
Neither woman of color made it on the list for best actress.
Rihanna made it on the list of nominations for best original song for “Lift Me Up,” featured in “Black Panther: Wakanda Forever,” along with Lady Gaga for “Hold My Hand,” which appeared in “Top Gun: Maverick.” But snubbed was Taylor Swift’s “Carolina,” featured in “Where the Crawdads Sing,” even though it was nominated for the Golden Globes and the Critics Choice Awards.
The nominations come just weeks after the Golden Globes returned to the airwaves. “The Banshees of Inisherin,” a tale of two friends who have a falling-out on a remote island in Ireland in 1923, took home the award for best picture, musical or comedy. It was the most nominated film at the Golden Globes, with eight nods. The final award of the night — best motion picture, drama — went to Spielberg’s semi-autobiographical “The Fabelmans.”
Last year's Academy Awards ceremony ignited widespread shock after Will Smith, who took home the best actor award for "King Richard," slapped Chris Rock for making a joke about his wife, Jada Pinkett Smith. Smith apologized to the academy and to Rock. He later resigned from the academy, which announced it is prohibiting him from attending the awards show for 10 years.
In a recent statement, academy CEO Bill Kramer said this year's show will honor both the year’s best films and the ceremony's 95th anniversary.
“The energy around the show should feel like a massive celebration of cinema and the awards — our legacy, our artists, our movies, our future,” he said. “The 95th gives us a great opportunity to knit together the incredible legacy of the Oscars, the diverse and powerful work we do across the Academy, and our vision for the future."
Late-night comedian Jimmy Kimmel will return as the host, his third time fronting the ceremony, which he led in 2017 and 2018.
The 95th Oscars will be televised live on ABC on March 12 from the Dolby Theatre in Los Angeles.