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The AI verdict Nvidia delivered with its earnings report

WASHINGTON, DC - OCTOBER 28: Nvidia President and CEO Jensen Huang delivers the keynote address during the Nvidia GTC (GPU Technology Conference) at the Walter E. Washington Convention Center on October 28, 2025 in Washington, DC. Nvidia is hosting the conference for tech developers and leaders in innovation to discuss the future of AI. (Photo by Anna Moneymaker/Getty Images) — WASHINGTON, DC - OCTOBER 28: Nvidia President and CEO Jensen Huang delivers the keynote address during the Nvidia GTC (GPU Technology Conference) at the Walter E. Washington Convention Center on October 28, 2025 in Washington, DC. Nvidia is hosting the conference for tech developers and leaders in innovation to discuss the future of AI. (Photo by Anna Moneymaker/Getty Images) (Getty)

Nvidia's sales of AI computing chips significantly exceeded market analysts' expectations.
The strong financial results are anticipated to alleviate recent concerns regarding the sustainability of the artificial intelligence boom.
Nvidia has been a primary beneficiary of the AI surge, with its processors being indispensable for developing AI technologies.
There had been growing sentiment that the high expectations for AI might be overblown, potentially leading to a market correction.
Following the announcement of its fiscal third-quarter performance, Nvidia's stock price rose by over 2% in extended trading.

All eyes on Nvidia earnings in wait for results on AI boom or bubble: ‘Most important stock in the world’ — In full