NVIDIA's Q3 revenue soars 65%, smashing expectations
NVIDIA just posted a massive $57 billion in quarterly revenue, and a 65% jump in net income that's got everyone talking.
The company, once known mainly for gaming chips, is now at the heart of the AI boom thanks to huge demand since ChatGPT launched.
This growth has potentially eased worries about an "AI bubble" and cemented NVIDIA as a major player in tech.
Stock hits new highs and AI spending set to surge
NVIDIA's stock climbed nearly 3% to $186.52, pushing its value past Apple and Microsoft at $4.5 trillion.
Big names like Microsoft, Amazon, Alphabet, and Meta are expected to boost their AI investments by 34% next year.
CEO Jensen Huang remains upbeat about the future—even with some market ups and downs—while investors keep a close eye on his every move as NVIDIA's success continues to shape the AI world.