US EditionNvidia forecasts fourth-quarter revenue above estimates amid AI-bubble concerns
Nvidia's AI/data-center chip demand surged 62% year-over-year with $57 billion revenue in Q3; forecasted Q4 revenue of $65 billion tops Wall Street estimates.
- Guidance showed fourth-quarter revenue above Wall Street estimates as Nvidia, the Santa Clara, California chipmaker, reported third-quarter results that beat analysts' expectations on Wednesday.
- Data‑center spending has accelerated, boosting chip demand as Colette Kress reported 5 million GPU sales and Jensen Huang highlighted $500 billion in chip orders through 2026.
- The chipmaker reported $57 billion in third‑quarter revenue, a 62% year‑over‑year increase, earnings per share were $1.30, and data‑center segment sales reached $51.2 billion.
- Despite the rally, some investors still warn of an AI 'bubble' as Nvidia stock jumped 2.6% after the report, following a nearly 8% drop in November.
- Nvidia, the chip designer central to the AI ecosystem, is at the center of the AI boom, with analysts expecting sales to rise 39% in fiscal 2027, and its $10 billion Anthropic investment signals ongoing AI infrastructure expansion.
126 Articles
126 Articles
Nvidia Earnings Clear Lofty Hurdle
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. The results may ease recent jitters about a Big Tech boom turning into a bust that topples the world's most valuable company, the AP reports. The...
Nvidia earnings clear lofty hurdle set by analysts amid fears about an AI bubble
SAN FRANCISCO (AP) — Nvidia’s sales of the computing chips powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust tha
Nvidia earnings clear lofty hurdle set by analysts amid fears about an AI bubble
Nvidia’s sales of the computing chips powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust that topples…
Madrid. Nvidia achieved a net profit of $31,910 million in its third fiscal quarter, from August to October, which means an increase of 65.2% in the profits of the same period of the previous year, according to the technology company, which has frightened the fear of an ‘AI bubble’ with a forecast of revenues for its final quarter better than expected in the face of the “exponential” growth of the demand.The revenues of the US manufacturer of ad…
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