Nvidia's AI Boom: Stock Surges, AI Spending Soars
Update: 2025-11-19
Description
Nvidia, a leading AI company, reported robust sales for its new Blackwell chips, with cloud GPUs sold out. CEO Jensen Huang dismissed AI bubble concerns, and the company expects $65 billion in Q4 sales. Nvidias stock surged 3% in after-hours trading, influencing other tech companies shares. Despite circular funding deals and bubble fears, Nvidias growth is secured by tech giants AI infrastructure spending.
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