Nvidia’s strong results show AI bubble fears are unfounded

Bubbles rarely pop gradually — they tend to burst. Yet the recent cooling of AI hype has, paradoxically, delivered a welcome reprieve for Nvidia.
Shares of the AI chip giant surged 5% in after-hours trading on Wednesday after the company reported fiscal third-quarter results that eased some investor jitters. The rally provided a sharp rebound from a 10% slide over the prior three weeks, a decline fueled by mounting anxiety over the seemingly limitless capital pouring into artificial intel