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Nvidia Just Proved the AI Boom Is Bigger Than Anyone Thought

Investing.com Logo Investing.com By Thomas Hughes
Nvidia Just Proved the AI Boom Is Bigger Than Anyone Thought

Nvidia reported exceptional Q3 earnings, demonstrating massive AI growth potential with revenue accelerating over 60% annually and outpacing consensus estimates. The company's outlook suggests analyst forecasts for 2026 might be significantly underestimated.

Insights
AAPL   neutral

Potential stock reduction by Berkshire, but no significant negative implications mentioned


NVDA   positive

Strong Q3 earnings, 60% revenue growth, sold-out GPU capacity, positive analyst forecasts, robust balance sheet with $60 billion cash, and potential for significant stock price appreciation