Amid a blackout of data due to the government shutdown, the $5tn chipmaker’s report took on wider significance

Wall Street bounced back a bit from its losses this week.

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

As OpenAI and Big Tech powerhouses buy more and more Nvidia chips, annual revenue has gone from $27 billion in 2022 to a projected $208 billion this year.

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.

Analysts expect AI chip demand to remain strong

Amid a blackout of data due to the government shutdown, the $5tn chipmaker’s report took on wider significance

Investors cheer forecast-beating results from chipmaker, as attention turns to delayed US employment report

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

Leading US stock markets tumble less than 24 hours after strong results from chipmaker Nvidia sparked gains

Investors had looked to Nvidia's earnings report to settle fears that the AI bubble is on increasingly shaky ground.