Business · 20 November 2025
Nvidia CEO denies AI bubble despite market worries.
Photo by Mariia Shalabaieva on Unsplash
Nvidia's chief executive, Jensen Huang, dismissed anxieties surrounding an AI bubble after the company revealed third-quarter earnings of $57 billion. Revenue increased by 62%, surpassing forecasts. Huang stated that Blackwell chip sales are exceptionally strong, and cloud GPUs are completely sold out. This announcement follows recent market instability and warnings from investors. Some investors have voiced worries about high AI valuations and the continuation of current expenditure.
Reported by CNBC · How we write briefs