Nvidia profits soar, countering investor jitters on AI boom

(Image: Getty)

Thu, 20 Nov 2025

By Robbie WhelanNvidia, the world’s most valuable publicly listed company, reported record sales and strong guidance on Wednesday (Thursday NZT), helping soothe jitters about an artificial intelligence bubble that have reverberated in markets for the last week.Sales in the October quarter hit a record US$57 billion (NZ$101.7b) as demand for the company’s advanced AI datacentre chips continued to surge, up 62% from the year-earlier quarter and exceeding consensus estimates from analysts polled by FactSet.The company increased its gui...

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