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Chip titan Nvidia posts record $68B in sales in latest quarter despite AI bubble worries

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New York Post Fews App News Provider
Fews App Post Time há 1d

Nvidia on Wednesday posted $68 billion in sales in its fiscal fourth quarter, a 20% jump that beat analyst expectations and helped quiet the drumbeat about a looming artificial-intelligence bubble. “Computing demand is growing exponentially,” CEO Jensen Huang said on an earnings call, adding that “the agentic AI inflection point has arrived. ” He added that partnerships with tech leaders including Anthropic, Meta and OpenAI have been tailwinds for his company, which he co-founded in 1993 and has seen a meteoric rise in the AI era.

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