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What AI bubble? Nvidia's strong earnings signal there's more room to grow
Computer-chip giant Nvidia reported earnings and revenue forecasts Wednesday that beat Wall Street estimates, a signal to investors that the artificial intelligence boom that has fueled 2025's record U.S. stock market gains and backstopped the economy writ-large likely has more room to run.
Sales of its trademark Blackwell AI chips "are off the charts," while another set of key computer processing units "are sold out,” Jensen Huang, founder and CEO of NVIDIA, said in a statement.
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