Nvidia continues to lead the AI chip industry, reporting higher earnings than expected and predicting strong sales for the next quarter. Even with concerns about new U.S. taxes on imported chips, restrictions on sales to China, and competition from big tech companies making their own chips, Nvidia’s latest AI technology is selling fast. CEO Jensen Huang is confident that AI’s rapid growth will keep demand high for Nvidia’s advanced chips. Key Takeaways: *- Stronger-than-expected* profits: Nvidia made $39.3 billion in revenue, more than the $38.2 billion experts predicted. *- Bright future outlook* : The company expects to earn around $43 billion next quarter, higher than estimates. *- Growing AI business* : Sales from AI-related data centers hit $35.6 billion, exceeding expectations. *- New AI chips selling fast* : The latest Blackwell AI chips made billions in their first quarter on the market. *- Potential challenges* : New U.S. taxes on imported chips and restrictions on sales to China could impact future profits. *- Still ahead of competitors* : Tech giants like Amazon and Google are making their own AI chips, but Nvidia remains the leader because of its strong reputation and advanced technology. https://finance.yahoo.com/news/nvidia-earnings-outlook-top-wall-street-forecasts-as-ceo-jensen-huang-touts-light-speed-ai-advances-090009668.html