CNBC Daily Open: What does Nvidia CEO see from his 'vantage point'?

Nvidia connected Wednesday stateside reported fiscal third-quarter figures that bushed expert expectations (ironically, thing unexpected there). It besides provided guidance for income successful the existent 4th that exceeded estimates (all bully still). It was CEO Jensen Huang's comment, however, that piqued much interest.

"There's been a batch of speech astir an AI bubble," Nvidia CEO Jensen Huang told investors connected an net call. "From our vantage point, we spot thing precise different."

Of course, this could beryllium the regular income transportation each CEOs person to bash connected net calls. Which person is going to publically enactment down their concern model? Having said that, Huang mightiness beryllium intimating that, due to the fact that of the insight Nvidia has into the artificial quality manufacture — specified arsenic precise income figures, the relationships and deals inactive being forged, clients' plans connected utilizing information centers — the sum of the assemblage is much than its parts.

That could beryllium hopeful thinking. And determination was immoderate uncertainty regarding Nvidia's announced $100 cardinal concern successful OpenAI.

But investors surely cheered Huang's connection and the chipmaker's results. Shares of Nvidia popped much than 5% successful extended trading, aft its post-bell net announcement. Prior to that, shares roseate 2.85% successful regular trading, pushing up large indexes.

Regardless of what the AI manufacture and commercialized mightiness look similar successful the future, from investors' perspectives, Nvidia's net are intelligibly thing to observe for today.