Nvidia’s upbeat revenue forecast, Jensen Huang soothe fears of an AI bubble

Nvidia Corp. delivered aThe world’s most valuable company expects sales of about $65 billion in the January quarter—roughly $3 billion more than analysts predicted. Nvidia also said that a half-trillion-dollar revenue bonanza due in coming quarters may be even bigger than anticipated.

surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the wider technology sector.