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Nvidia (NVDA) reported its third quarter earnings on Wednesday, beating ****** ysts' estimates on the top and bottom lines and offering a better-than-anticipated outlook.
For the fourth quarter, Nvidia projects revenue of $65 billion plus or minus 2%. Wall Street was expecting revenue of $62 billion.
“Blackwell sales are off the charts, and cloud GPUs are sold out,” CEO Jensen Huang said in a statement.
“We’ve entered the virtuous cycle of AI. The AI ecosystem is scaling fast — with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is goin
1 month ago

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