Nvidia 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.
58 Articles
58 Articles
The U.S. electronic chip giant Nvidia posted results that exceeded expectations for the third quarter on Wednesday.
The world's most valuable company continues to grow enormously, spurred by the AI boom. The need for computing power is growing exponentially, says Nvidia CEO Jensen Huang.
Nvidia earnings clear lofty hurdle set by analysts amid fears about an AI bubble
Nvidia’s sales of the computing chipsets 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…
Nvidia's figures are considered a test for the AI hype and the entire technology industry. At first sight, the chip manufacturer has achieved a strong result. As it is assessed on the markets, it remains to be seen.
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