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

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.

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 in this region will be looking at Asian tech stocks that are related to Nvidia.

Asian chip stocks rose in early trading after American AI chip darling Nvidia beat earnings expectations in a strong sign for AI demand.

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

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

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

Strong sales at AI giant Nvidia have done little to quell investor worries.

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