Nvidia ($NVDA) walked into earnings with Wall Street on edge. Stocks tied to the AI trade had been sliding, investors were uneasy, and chatter

The chip giant on Wednesday produced results and forecasts that beat expectations, allaying immediate fears. But there are longer-term worries that Nvidia's growth could be crimped by factors beyond the control of even the most valuable listed company in human history, now worth more than $4.5 trillion.

Nvidia is single-handedly keeping the AI trade alive with another quarter of absurd strength. The chipmaker once again beat Wall Street’s earnings estimates, reporting earnings per share of $1.30 on record revenue of $57 billion.

Nvidia’s sales of the computing chipsets powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust that topples the world’s most valuable company.

NVIDIA’s earnings surge sends ripples across tech markets as Elon Musk hails AI’s evolution, saying “work will become optional.”

The chipmaker’s show-me-the-money moment was spectacular. But the market now has even more reason to fret about whether its customers can do the same.

Nvidia reports third-quarter earnings on Wednesday as its stock flirts with correction territory — a roughly 10% drop from a prior peak — and investors are wary of its sky-high valuation. Why it matters: Wall Street strategists say: Let them.

Qnity is growing faster than the industry because some of its products are in special demand, “fueled by the adoption of leading-edge technologies for AI applications,” says its CEO.

The company famous for its datacentre AI accereration, is focused on deliverying better performance per watt to fuel the AI boom