CNA No AI bubble yet as Nvidia’s growth built on profits: S&P Global analyst

Nvidia CEO Jensen Huang on Wednesday (Nov 19) shrugged off concerns about an AI bubble as the American chip giant surprised Wall Street with accelerating growth after several quarters of slowing sales. The world’s most valuable company said it expected fiscal fourth-quarter sales of US$65 billion, higher than analysts’ estimate of US$61.7 billion. S&P Global Market Intelligence’s Melissa Otto tells CNA’s Asia First that the current boom is built on profits, unlike previous speculative manias. She also weighs in on geopolitical flashpoints shaping Nvidia’s future, from American chip export restrictions to China to new opportunities in the Middle East.

Subscribe to our channel here: https://cna.asia/youtubesub

Visit our website: https://cna.asia
Download our app: https://cna.asia/app

Get our editors’ picks of stories via chat apps:
Telegram: https://cna.asia/telegram
WhatsApp: https://cna.asia/whatsapp

Follow us on these platforms:
https://www.facebook.com/channelnewsasia
https://www.instagram.com/channelnewsasia

@channelnewsasia

Watch the full video on YouTube