Nvidia shrugs off fears of an AI bubble with record demand for chips

San Francisco | Nvidia’s sales of the computer chips that power the AI ​​craze rose above the high bar set by stock market analysts – a performance that could ease recent jitters about a major tech boom turning into a bust that topples the world’s most valuable company.

The results, announced late Wednesday, provide a snapshot of the frantic spending on AI technology that has boosted both the stock market and much of the broader economy since OpenAI released ChatGPT three years ago.

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