Nvidia delivered record third-quarter sales and robust guidance, beating Wall Street estimates and reassuring investors worried about an AI bubble.

Although Nvidia has not been the market's favorite AI trade this year, analysts covering the name see a recovery ahead as demand trends appear strong.

Nvidia is at the center of the artificial intelligence boom, and counts every major cloud company and AI lab as a customer.

Company set to beat Wall Street expectations but analysts await projections for future demand for firm’s AI chips

The chip maker says revenue for the three months to October jumped 62% to $57bn.

The positive earnings report comes a month after Nvidia CEO Jensen Huang said the company had $500 billion in orders for its AI chips.

Nvidia delivered record third-quarter sales and robust guidance, beating Wall Street estimates and reassuring investors worried about an AI bubble.

Analysts expect AI chip demand to remain strong

Strong revenue and “off-the-charts” GPU demand show Nvidia’s AI engine still roaring as CEO Jensen Huang delivers a beat-and-raise quarter

Regardless of what the AI industry might look like in the future, from investors' perspectives, Nvidia's earnings are clearly something to cheer for today.

Tech giant Nvidia posted record revenue and strong profit for the third quarter, beating Wall Street expectations, amid exploding growth in artificial intelligence

The AI chipmaker's strong quarterly earnings have boosted global AI stocks.

Analysts agree that Nvidia's earnings are a clear signal of of strong demand for AI infrastructure. Less clear, however, is whether the results can dispel fears of an AI bubble in…

Nvidia's strong third-quarter earnings come as appetite for AI appeared to be cooling.

CEO Jensen Huang sounded confident in the company's products and bullish on the company's outlook during a call with analysts.