Recorded NVIDIA $57B Revenue and Rabeat Prediction Quiets AIDETS AI Bubble

Nvidia Founder and CEO Jensen Huang broke the tone of the third-party company. Depending on the company’s results, there may be sufficient reason.

Nvidia reported revenue of $57 billion in the quarter, a 62% increase compared to the same quarter last year. The company’s net worth was $32 billion, a 65% year-on-year increase. All this with good results hits the wall lall street.

This income statement shows the company is very grateful for its data business. The revenue generated by NVIDIA’s business was recording $ 51.2 billion, up 25% from the quarter and more than 66% from a year ago. The remaining $6.8 billion came from NVIDIA’s gaming business and $4.2 billion, followed by sales in high-tech and Automotive.

NFIDIA Colette Kiress is famous for sharing her data business that has been prepared with the speed of insurances, I power models, and software. On the company’s Q3 call, Kress said that in the previous quarter, the company had announced an industrial design and construction project with 5 million GPUs.

“This demand covers every market, puss, kings, puss modern construction businesses and high-end production sites, and it includes many places,” Kress said.

BlackLewell Ultra, the GPU unveiled in March and available in several configurations, is very powerful and is now the leader within the company. The old models of black construction also saw continued, according to the company.

Huang said sales of the Black Hood chest “are off the charts.”

“Blackfell sales are on the chart, and Croud Croud GUS is sold,” Huang said in the company’s Q3 report. “Searching helps speed and integrate learning and how it works. We’ve started to develop new ways of ai. Ai is emerging, and in many countries.”

Kress realized that the company H20, the data center was designed to use AI drugs and 50 million, disappointing results 50, disappointing results due to the failure to sell in China.

Non-buying orders were not mentioned in the quarter due to geopolitical problems and the growing market in China,, “Kress noted that the income. “Although we are disappointed in the situation that prevents us from exporting some competitive products to China, we are committed to continuing to be taught by us and the American government the possibilities of America.”

Importantly, Nvidia is forecasting strong growth with revenue of $65 billion in the fourth quarter, helping push its stock up more than 4% in prior trading.

UpShot, at least in Huang’s opinion: Forget about bubbles, there is only growth.

“There’s been a lot of talk about the Ai bubble,” Jensen said at the time of the company’s acquisition. “From our vantage point, we see something very different.”