- Title: AI leader Nvidia forecasts fourth-quarter revenue above estimates
- Date: 19th November 2025
- Summary: BEIJING, CHINA (FILE - JULY 16, 2025) (REUTERS) NVIDIA CEO JENSEN HUANG ARRIVING FOR NEWS CONFERENCE VARIOUS OF HUANG INTERACTING WITH AND SIGNING PERSON’S JACKET (SOUNDBITE) (English) NVIDIA CEO JENSEN HUANG, SAYING: "I hope to have a great future here. Nvidia has been coming to China for 30 years. You know, as you know, China is the second largest technology market in th
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- Keywords: Jensen Huang Nvidia earnings results
- Location: VARIOUS
- City: VARIOUS
- Country: US
- Topics: Economic Events,North America,Equities Markets
- Reuters ID: LVA003337519112025RP1
- Aspect Ratio: 16:9
- Story Text: Nvidia forecast fourth-quarter revenue above Wall Street estimates on Wednesday (November 19), betting on booming demand for its AI chips from cloud providers against the backdrop of widespread concerns of an artificial intelligence bubble.
The results from the AI chip leader mark a defining moment for Wall Street, as global markets looked to the chip designer to determine if investing billions of dollars in AI infrastructure expansion had resulted in towering valuations that potentially outpaced fundamentals.
The world's most valuable company expects fiscalfourth-quarter sales of $65 billion, plus or minus 2%, compared with analysts' average estimate of $61.66 billion, according to data compiled by LSEG.
Ahead of the results, doubts had pushed Nvidia shares down nearly 8% in November, after a 1,200% surge in the past three years. The broader market .SPX has declined almost 3% this month.
Still, analysts and investors widely expected the underlying demand for AI chips, which has powered Nvidia results since ChatGPT's launch in late 2022, to remain strong.
Nvidia CEO Jensen Huang said last month the company has $500 billion in bookings for its advanced chips through 2026.
Big Tech, among Nvidia's largest customers, has doubled down on spending to expand AI data centers and snatch the most advanced, pricey chips as it commits to multi-billion, multi-gigawatt build outs.
Microsoft reported a record capital expenditure of nearly $35 billion for its fiscal first quarter last month, with roughly half of it spent primarily on chips.
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