By Clare Duffy, CNN
Photo: CFOTO via AFP
Nvidia has posted strong revenue and profits that exceeded Wall Street's expectations.
The closely watched result could prompt a sigh of relief across the stock market following growing concerns about an artificial intelligence bubble.
Nvidia's sales grew 62 percent year-over-year to $57 billion in the October quarter, ahead of the $54.9 billion Wall Street had projected, signaling that demand for AI chips remains strong even as more questions emerge about whether returns from the technology will keep up with the pace of AI infrastructure investments.
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