Nvidia stock soars on earnings beat, upbeat outlook
The AI hardware giant's shares jumped in premarket trading, reversing an initial post-earnings drop.
Why Nvidia says its AI partnerships aren't 'circular financing'
Nvidia (NVDA) delivered another blockbuster quarter, beating Wall Street's expectations as demand for AI infrastructure continues to surge. But amid growing scrutiny over Nvidia's investments in AI companies and data-center projects, questions about "circular financing" have taken center stage. On Nvidia's earnings call, CFO Colette Kress pushed back on that characterization, explaining why the chipmaker views its partnerships and investments as strategic opportunities, not simply a way to finance.