Huang added that the California-based company<\/a> is leading a transformation in computing.<\/p>\n NVIDIA REVOLUTIONIZES HOSPITALS WITH AI ROBOTS AND VOICE ASSISTANTS TO ADDRESS WORKER SHORTAGE<\/a><\/p>\n Nvidia founder and CEO Jensen Huang looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, DC on Nov. 19, 2025. (BRENDAN SMIALOWSKI\/AFP via Getty Images \/ Getty Images)<\/p>\n “We reinvented computing for the first time in 60, 70 years,” he said. “And so all of the computers that have been installed around the world is being modernized to accelerated computing and video GPUs and to artificial intelligence. And so this\u00a0build-out is going to last us many years to come.”<\/p>\n Earlier Wednesday, Huang shrugged off concerns about an AI bubble as the company surprised Wall Street with accelerating growth after several quarters of slowing sales.<\/p>\n The chipmaker’s stellar third-quarter earnings and fourth-quarter forecast calmed, at least temporarily, investor nerves over concerns an AI boom has outrun fundamentals.\u00a0<\/p>\n Global markets have looked to the chip designer to determine whether investing billions of dollars in AI infrastructure expansion has resulted in an AI bubble.<\/p>\n NVIDIA LEADS AMERICA\u2019S AI ‘INDUSTRIAL REVOLUTION’ WITH MAJOR MANUFACTURING MOVE<\/a><\/p>\n Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, on Nov. 19, 2025.\u00a0 (Stefani Reynolds\/Bloomberg via Getty Images \/ Getty Images)<\/p>\n “There’s been a lot of talk about an AI bubble. From our vantage point, we see something very different,” Huang said on a call with analysts, where he touted how much cloud companies wanted Nvidia chips.<\/p>\n “We’re in every cloud. The reason why developers love us is because we’re literally everywhere,” he said. “We’re everywhere from cloud to on-premise to robotic systems, edge devices, PCs, you name it. One architecture. Things just work. It’s incredible.”<\/p>\n He reiterated a forecast from last month that the company had $500 billion in bookings for its advanced chips through 2026.<\/p>\n Shares of the AI market bellwether jumped 5% in extended trading, setting up the company to add $220 billion in market value.\u00a0<\/p>\n CHINA SAYS NVIDIA VIOLATED ANTITRUST LAW<\/a><\/p>\n The Nvidia logo is displayed on a phone screen in this illustration photo taken in Krakow, Poland on July 19, 2023.\u00a0 (Getty Images \/ Getty Images)<\/p>\n Ahead of the results, doubts had pushed Nvidia’s shares down nearly 8% in November, after a surge of 1,200% in the past three years.<\/p>\n The broader market has declined almost 3% this month.<\/p>\n After the results, S&P 500 futures rose 1%, showing traders expect the U.S.<\/a> stock market to open sharply higher on Thursday.<\/p>\n The world’s most valuable company said it expected fiscal fourth-quarter sales of $65 billion, plus or minus 2%, compared with analysts’ average estimate of $61.66 billion, according to data compiled by LSEG.\u00a0<\/p>\n It forecast an adjusted gross margin of 75% for the period, plus or minus 50 basis points, and Nvidia’s finance boss<\/a> Colette Kress said the company plans to hold gross margins in the mid-70% range during fiscal 2027.<\/p>\n Nvidia’s third-quarter sales rose 62%, their first acceleration in seven quarters. Sales in the data-center segment, which accounts for a majority of Nvidia’s revenue, grew to $51.2 billion in the quarter ended October 26. Analysts expected sales of $48.62 billion.<\/p>\n Nvidia’s fortunes pushed up shares of rival AMD, as well as those of tech giants including Alphabet and Microsoft<\/a>.\u00a0<\/p>\n The chipmaker, viewed as the posterchild for artificial intelligence, is heavily represented in about 673 various ETFs, according to Seeking Alpha.<\/p>\n Funds which hold a high concentration, between 21% to 27% of the tech-giant, include VanEck Semiconductor, Strive U.S. semiconductor ETF and Grizzle Growth ETF.<\/p>\n As for the broader S&P 500, Nvidia is the largest stock in the benchmark, according to the S&P 500 Dow Jones Indices. Thus, funds that track the S&P 500 must mirror it.<\/p>\n Ticker Security Last Change Change % SMH<\/a> VANECK SEMICONDUCTOR ETF 339.44 +6.15 Hence, a handful of the largest ETFs by size also count Nvidia as a top holding, including Invesco\u2019s QQQ at 10%, SPDR S&P 500 ETF and Vanguard\u2019s S&P 500 ETF both at 8%.<\/p>\n Shares of Nvidia have advanced 35% this year, outpacing the 13% rise in the S&P 500.<\/p>\n![\"US-SAUDI](\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/11\/nvidia-ceo-jensen-huang.jpg\")
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\n +1.85%
\n SHOC<\/a> STRIVE U.S. SEMICONDUCTOR ETF 65.35 +1.63
\n +2.56%
\n DARP<\/a> TIDAL TRUST II GRIZZLE GROWTH ETF 43.06 +0.68
\n +1.61%
\n QQQ<\/a> INVESCO QQQ TRUST – USD DIS 599.87 +3.56
\n +0.60%
\n SPY<\/a> SPDR S&P 500 ETF TRUST – USD DIS 662.72 +2.53
\n +0.38%
\n VOO<\/a> VANGUARD S&P 500 ETF – USD DIS 609.35 +2.36
\n +0.39%<\/p>\n