US EditionNvidia forecasts fourth-quarter revenue above estimates amid AI-bubble concerns
- 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.
186 Articles
186 Articles
The US chip manufacturer Nvidia achieved better quarterly results than expected. Nvidia reported a 65 percent increase in net profit of $31.9 billion for the third quarter. Sales rose to the record level of $57 billion compared to the same quarter of the previous year.
Asian shares surge as Nvidia's strong quarterly earnings lift sentiments
Asian shares have surged after Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high. US futures and oil prices were higher. Benchmarks in South Korea and Taiwan rose over 3%. On…
Asian shares surge as Nvidia's strong quarterly earnings lift sentiments
Asian shares have surged after Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high. US futures and oil prices were higher. Benchmarks in South Korea and Taiwan rose over 3%. On…
Asian shares surge as Nvidia's strong quarterly earnings lift sentiments
Asian shares have surged after Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high. US futures and oil prices were higher. Benchmarks in South Korea and Taiwan rose over 3%. On…
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