Nvidia Soars on Strong Earnings; Jensen Huang Dismisses AI Bubble

Nvidia reported blockbuster earnings this quarter, with revenue surging about 62% year-over-year to $57 billion, surpassing Wall Street expectations.

Key Highlights

• Nvidia posted revenue of $57 billion this quarter, reflecting a 62% year-on-year growth. 
• CEO Jensen Huang dismissed talk of an “AI bubble,” citing structural demand for accelerated computing.

Chief Executive Jensen Huang pushed back hard against investor concerns about an emerging “AI bubble,” emphasizing that the strong demand for Nvidia’s chips reflects structural shifts, not a speculative mania.

The notion that the industry is in bubble territory was swiftly refuted by CEO Jensen Huang. "The idea of an AI bubble has been discussed extensively. During a call with investors, he stated, "From our vantage point, we see something very different," noting the extraordinary demand from cloud companies keen to obtain Nvidia's chips. "Every cloud contains us. We are basically everywhere, which is why developers adore us. We are present on every platform, including PCs, robotic systems, edge devices, cloud, and on-premises. A single architecture. Everything simply functions. It's amazing."

Huang also pointed out that Nvidia has already secured roughly $500 billion in chip orders through 2026, supporting his view of sustained long-term demand.

Also Read: Nvidia CEO’s $500 Bn Forecast Sets Tone for Q3 Results

On the earnings call, Nvidia raised its guidance for the next quarter, projecting $65 billion in revenue, which is higher than most analyst forecasts. Its data-center business — driven by AI workloads — reported strong performance, underlining how central these chips are to Nvidia’s growth model.

In short, Nvidia’s spectacular results and bullish outlook have helped calm frothy investor sentiment, with Jensen Huang framing the company’s growth as part of a long-term transformation in computing — not just hype.