“There’s been a lot of talk about an AI bubble,” he said, but made it clear that Nvidia is seeing something remarkably different in the real world. Blackwell sales, he said, felt “off the charts,” while cloud GPUs are “sold out,” and demand is being driven by actual spending, not hype.

Nvidia has soothed worries about AI demand for now, and dispelled fears of a bubble bursting. Investors piled into tech and AI names after its Q3 results.

The U.S. stock market is rallying toward its best day since May after it seemed to pass a couple of crucial tests.

Stocks rallied in early trading on Thursday, just hours after blockbuster earnings from chip giant Nvidia and a stronger-than-expected jobs report. The Dow Jones Industrial Average jumped nearly 600 points, or 1.2%, while the S & P 500 climbed 1.8%. The tech-heavy Nasdaq soared 2.5%.

HSBC analyst Frank Lee joined the chorus of analysts cheering Nvidia's commentary, both for its industrywide implications and its suggestion of further upside ahead at the world's largest company. "Nv

The chipmaker at the center of the artificial intelligence boom reported blowout results. But that hasn’t resolved some key questions behind the tech rally.

Nvidia has partnered with Google to launch a new cloud gaming plan exclusive to Chromebooks. GeForce Now Fast Pass will allow Chromebook owners to stream over 2,000 games directly from an existing PC game library without ads, and new Chromebook purchases will include a year’s membership for free.

White House officials are urging members of Congress to reject a measure that would limit Nvidia Corp.’s ability to sell AI chips to China and other adversary nations, according to people familiar with the matter,