{"id":39017,"date":"2025-11-20T07:22:06","date_gmt":"2025-11-20T07:22:06","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/wall-street-says-nvidias-blockbuster-earnings-prove-the-ai-boom-is-nowhere-near-its-peak\/"},"modified":"2025-11-20T07:22:06","modified_gmt":"2025-11-20T07:22:06","slug":"wall-street-says-nvidias-blockbuster-earnings-prove-the-ai-boom-is-nowhere-near-its-peak","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/wall-street-says-nvidias-blockbuster-earnings-prove-the-ai-boom-is-nowhere-near-its-peak\/","title":{"rendered":"Wall Street says Nvidia&#8217;s blockbuster earnings prove the AI boom is nowhere near its peak"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/691e8a1ce1a9cbb014de9383?format=jpeg\" alt=\"jensen huang nvidia\"\/><figcaption>Wall Street analysts say Nvidia&#039;s blockbuster earnings show the AI boom is still accelerating and that fears of an AI bubble are overstated.<\/p>\n<p>BRENDAN SMIALOWSKI\/AFP via Getty Images<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Wall Street says Nvidia&#039;s blowout quarter shows the AI boom is far from peaking.<\/li>\n<li>Nvidia posted $57 billion in revenue on Wednesday, topping analysts&#039; $55 billion estimates.<\/li>\n<li>&quot;Fears of an AI bubble are way overstated,&quot; one analyst said.<\/li>\n<\/ul>\n<p>Nvidia&#039;s blockbuster earnings just blew a hole through Wall Street&#039;s AI bubble anxieties.<\/p>\n<p>Analysts said the chipmaker&#039;s third-quarter results prove the AI boom is nowhere near running out of steam.<\/p>\n<p>On Wednesday, Nvidia posted $57 billion in revenue, topping Wall Street&#039;s $55 billion estimates. Its data center division generated revenue of $51 billion, surpassing the $49.31 billion analysts had projected. The company reported earnings of $1.30 per share compared to the $1.26 estimate. It also forecast $65 billion in revenue for the fourth quarter, exceedinganalysts&#039; expectations of $61.98 billion.<\/p>\n<p>Nvidia&#039;s stock rose about 3% in after-hours trading following the results and climbed about 4.5% after hours as the analyst call wrapped.<\/p>\n<p>&quot;Fears of an AI bubble are way overstated,&quot; Dan Ives, managing director and senior equity research analyst at Wedbush Securities, wrote after the print. The tech bull called the results a &quot;pop-the-champagne moment&quot; for tech investors.<\/p>\n<p>&quot;This is another validation point for the AI revolution,&quot; Ives wrote. &quot;We are in the top of the third inning of this AI game.&quot;<\/p>\n<p>Other analysts echoed that view.Thomas Monteiro,asenior analyst at Investing.com,said Nvidia&#039;s report shows the AI revolution is &quot;nowhere near its peak,&quot; with both demand and supply chain scaling continuing.<\/p>\n<p>Despite concerns that ballooning capital expenditures \u2014 estimated at more than $400 billion across top cloud platforms \u2014 could lead to a slowdown, Monteiro said Nvidia&#039;s numbers show that tech companies remain committed to scaling their data centers.<\/p>\n<p>Daniel Morgan, a senior portfolio manager at Synovus Trust, said investors remain wary of what he calls the &quot;three C&#039;s&quot; \u2014 capex sustainability, circular financing, and rising competition.<\/p>\n<p>&quot;While these issues were not put to rest, the recent print does give investors confidence that Nvidia is still executing at a high level,&quot; he wrote. Nvidia&#039;s results suggest those fears can at least be &quot;punted&quot; into the next quarter, he added.<\/p>\n<p>EMARKETER tech analyst Jacob Bourne told Business Insider that while Nvidia &quot;delivered another blockbuster quarter,&quot; investors are increasingly focused on whether physical constraints \u2014 including power availability, land, and grid access \u2014 may limit how quickly hyperscalers can turn GPU capacity into actual revenue.<\/p>\n<h2>&#039;Blackwell sales are off the charts&#039;<\/h2>\n<p>During the earnings call, Nvidia reiterated that it has &quot;half a trillion&quot; in Blackwell and Rubin chip revenue through 2026.<\/p>\n<p>Things are &quot;on track&quot; and &quot;the number will grow,&quot; Colette Kress, the chief financial officer, said.<\/p>\n<p>&quot;We&#039;ll probably be taking more orders,&quot; she said, noting that new customers \u2014 including Anthropic following its recent deal \u2014 would add demand. &quot;There&#039;s definitely an opportunity for us to have more on top of the $500 billion that we announced,&quot; she added.<\/p>\n<p>Huang drew attention at Nvidia&#039;s October GTC conference after revealing that the company has $500 billion worth of AI-chip orders booked for 2025 and 2026, including orders for its Blackwell and Rubin chips.<\/p>\n<p>&quot;Blackwell sales are off the charts, and cloud GPUs are sold out,&quot; Jensen Huang said in Nvidia&#039;s earnings release.<\/p>\n<p>Jefferies&#039; analysts said that Nvidia&#039;s Blackwell GB300 GPU sales, which accounted for two-thirds of Blackwell sales, were &quot;very strong.&quot;<\/p>\n<p>&quot;Nvidia answered the bell with GB300 shipments driving healthy upside to estimates,&quot; they wrote. They said that Nvidia&#039;s results &quot;should help steady the ship&quot; for AI stocks into the end of the year.<\/p>\n<p>&quot;Commentary around cloud service providers being sold out across the board and full utilization for Blackwell, Hopper, and even Ampere should help put the useful life conversation to bed,&quot; the analysts added.<\/p>\n<h2>The AI bubble chatter<\/h2>\n<p>The Nvidia CEO kicked off his remarks on Wednesday by taking aim at the &quot;AI bubble&quot; chatter.<\/p>\n<p>&quot;There&#039;s been a lot of talk about an AI bubble,&quot; said Huang, who is a longtime AI bull. &quot;From our vantage point, we see something very different. As a reminder, Nvidia is unlike any other accelerator. We excel at every phase of AI, from pre-training and post-training to inference.&quot;<\/p>\n<p>Some tech leaders have been warning that AI may be in bubble territory.<\/p>\n<p>Microsoft cofounder Bill Gates said in October that the market could be in the middle of an AI bubble.<\/p>\n<p>&quot;The value is extremely high, just like creating the internet ended up being, in net, very valuable,&quot; Gates said in an appearance on CNBC&#039;s &quot;Squawk Box&quot;. &quot;But you have a frenzy. And some of these companies will be glad they spent all this money. Some of them, you know, they&#039;ll commit to data centers whose electricity is too expensive.&quot;<\/p>\n<p>&quot;There are a ton of these investments that will be dead ends,&quot; he added.<\/p>\n<p>Others, like Huang, have pushed back on the AI bubble narrative.<\/p>\n<p>Former Google CEO Eric Schmidt said in July that the AI frenzy may resemble a bubble, but that doesn&#039;t mean it is one in reality.<\/p>\n<p>&quot;I think it&#039;s unlikely, based on my experience, that this is a bubble,&quot; Schmidt said during an appearance at the RAISE Summit in Paris. &quot;It&#039;s much more likely that you&#039;re seeing a whole new industrial structure.&quot;<\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street analysts say Nvidia&#039;s blockbuster earnings show the AI boom is still accelerating and that fears of an AI bubble are overstated. BRENDAN SMIALOWSKI\/AFP via Getty Images Wall Street says Nvidia&#039;s blowout quarter shows the AI boom is far from peaking. Nvidia posted $57 billion in revenue on Wednesday, topping analysts&#039; $55 billion estimates. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39018,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-39017","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/39017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=39017"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/39017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/39018"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=39017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=39017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=39017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}