Nvidia projects 70% sales growth next year as it rebuts ‘circular financing’ criticism

Chip giant says financing deals with customers are ‘excellent’ investments with ‘limited’ risk

Nvidia’s stock climbed more than 4% in after-hours trading after delivering a blowout quarter and projecting $100 billion more revenue than analysts were expecting for next fiscal year.

Nvidia topped revenue and earnings expectations in its latest quarter, but the stock ticked downward in extended trading Wednesday as investors maintained high expectations for the AI darling. Why it matters: The stock is widely considered a bellwether for the health of the broader AI economy, but lately it has been t

Nvidia faces growth test as Rubin debut meets AI financing scrutiny  Reuters

Aug 25 : Nvidia's results on Wednesday will test whether the company's latest Rubin chips can drive another period of explosive growth, with some investors questioning the sustainability of the AI spending boom.The chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its