Nvidia's Sales Soar, AI Stocks Calm
Update: 2025-11-19
Description
Nvidias recent sales surge, with a 62% increase to $57 billion, surpasses analyst predictions and reaffirms the companys dominance in AI chip market. Despite a brief market value dip, Nvidias shares soar after announcing a 65% net income increase and a 66% rise in data center chip sales. The companys chips are vital for AI tools like ChatGPT and are expected to fuel a multi-trillion dollar data center spending spree by US tech giants.
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