ByAntonio Pequeño IV,
Forbes Staff.
Nvidia posted $57 billion in revenue in its third quarter earnings, besting Wall Street expectations and sending its stock upward — despite fears of an artificial intelligence bubble rattling major tech stocks this week.
Nvidia reported $57 billion in revenue for its third quarter, coming in above the $54.9 billion analysts forecasted, according to FactSet data.
The majority of the company’s earnings came from data center sales, which came in at $51.2 billion, above expectations of $49 billion.
