By https://www.theguardian.com/profile/graemewearden
Publication Date: 2025-11-20 07:22:00
Introduction: Nvidia shakes off fears of an AI bubble
Good morning and welcome to our ongoing coverage of the economy, financial markets and the global economy.
For investors today, it is a risky event and one ahead of them Nvidia calmed nerves with some sizzling financial results.
The chipmaker at the center of the artificial intelligence boom allayed fears of a bursting bubble – and drove markets higher – by beating Wall Street forecasts and offering strong forecasts for its future performance.
Jensen HuangFounder and CEO of NvidaHe tried to allay bubble fears by declaring, “We have entered the virtuous circle of AI.”
Huang said analysts last night:
“There has been a lot of talk about an AI bubble.
From our perspective we see something completely different. As a reminder: Nvidia is different from all other accelerators. We excel at every phase of AI, from pre-training to post-training to inference.”
Sales rose 62% year over year, reflecting huge demand for its power chips.