Investors losing sleep over Nvidia’s earnings can resume breathing normally. All the news from CEO Jensen Huang was reassuring for stakeholders in the world’s largest publicly traded company.
“There’s been a lot of talk about an AI bubble. From our vantage point, we see something very different,” Huang said on the company’s investor call.
That “something very different” seems to be tons and tons of money pouring in. The company posted a record $57.01 billion in revenue during its fiscal third quarter. That was well above market expectations of $54.92 billion, as reported by CNBC . Earnings per share also beat expectations at $1.30 versus $1.25.
Nvidia’s bread and butter, the data center business, also brought in record revenue at $51.2 billion, which was up 66% from this time last yea

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