TechFlow, on November 20, Nvidia (NVDA.O) just released its Q3 financial results. Sales of its chips, at the heart of the artificial intelligence boom, grew faster than Wall Street expected. The company also issued strong revenue guidance for the current quarter, reinforcing investor confidence that the AI investment frenzy will continue. Its Q3 report showed quarterly revenue of $57 billion, a 62% year-on-year increase, with data center revenue reaching $51.2 billion, surpassing the expected $49 billion. Additionally, its revenue outlook for the fourth quarter is approximately $65 billion, significantly higher than the average analyst estimate of $61.6 billion. After the earnings release, Nvidia's after-hours stock price rose more than 4%. Nvidia CEO Jensen Huang said: "Blackwell sales are off the charts, and cloud GPUs are completely sold out." Previously, Huang had downplayed concerns about an AI bubble. (Jinshi)
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