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AI News from ET - ETtech Explainer: Why Nvidia’s Q3 results matter for AI & the markets

Vishwadeep Khatri
in AI News & Two Lenses

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Nvidia’s latest earnings have boosted stock markets and become a key signal for investors about whether the broader AI industry still has momentum. The company reported $57 billion in revenue, up 62% year-on-year (YoY), with net income rising 65% to nearly $32 billion. Its data centre unit — which supports global AI demand — crossed $51 billion, cementing Nvidia’s lead in the compute race.

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