Despite record sales and a strong financial forecast, Nvidia CEO Jensen Huang’s passionate arguments on the company’s earnings call failed to fully alleviate investor concerns about a potential AI bubble.
CNBC reports that Nvidia, the world’s most valuable publicly traded company, reported impressive fiscal third-quarter results on Wednesday, with earnings and revenue exceeding analysts’ expectations. The AI chipmaker’s shares rose more than four percent in morning trading on Thursday.
For the quarter, Nvidia reported adjusted earnings per share of $1.30, surpassing the estimated $1.25. Revenue came in at $57.01 billion, beating the $54.92…
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