Nvidia defies AI bubble fears
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Nvidia CEO says the company is in a no-win situation amid AI-bubble chatter, leaked meeting reveals
Nvidia CEO Jensen Huang told employees this week that the company has been pushed into a no-win situation by mounting fears of an AI bubble, even as it continues to post blockbuster results, according to audio of an internal all-hands meeting reviewed by Business Insider.
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5 biggest takeaways from Nvidia's Q3 earnings — from the AI bubble to new Saudi partnerships
CEO Jensen Huang addresses the AI bubble and highlights Nvidia's new partnerships with Anthropic, OpenAI, and xAI.
Nvidia continues to prove the AI doubters wrong by delivering quarter after quarter of breakneck earnings growth, maintaining its high margins, and generating substantial excess cash flow despite increased spending.
Nvidia shares were initially up after an earnings report that included raised revenue guidance for the next quarter. But shares closed 3% lower.
Nvidia reported more eye-catching numbers for its fiscal third quarter Wednesday, with net income jumping 65% and revenue increasing 62% from a year earlier.
Here's 1 Number From Nvidia That You Shouldn't Ignore. It Says Something Momentous About the AI Giant's Growth. Nvidia has seen earnings soar in recent years thanks to the company’s dominance in the artificial intelligence chip market. The tech giant reported quarterly earnings this week, and once again surpassed analysts’ expectations.
Prosecutors have accused Brian Raymond, founder of AI infrastructure and consulting company Bitworks, and three others of selling coveted Nvidia chips to unspecified Chinese companies.
Last night's results from chip giant Nvidia alleviated worries on Wall Street about the health of the AI trade. Here's what investors and analysts are saying.
Analysts say Nvidia's blockbuster earnings show the AI boom is still accelerating and that fears of an AI bubble are overstated.
Nvidia is king in AI chips, but custom ASICs are gaining ground with Google, Amazon, Meta, Microsoft and OpenAI now making their own.