Whalesbook
Chipmaker Nvidia reported a significant beat on its third-quarter revenue, surpassing Wall Street expectations and highlighting strong momentum in the global Artificial Intelligence (AI) buildout. The company also raised its forecast for the current quarter to around $65 billion, signaling accelerating year-over-year growth. Analysts from CLSA maintained a high-conviction outperform rating, citing robust demand for AI infrastructure, Nvidia's dominant GPU market share, and strong performance across its core business segments. Despite some market concerns about a potential AI bubble, Nvidia's results and guidance provide a strong counterpoint, reinforcing its position as a bellwether for the AI economy.