Huang quips: “We're basically holding the planet together”

Nvidia smashed earnings records, but CEO Jensen Huang says Wall Street shrugged off the feat. Caught in AI bubble debate, Huang quips: “We're basically holding the planet together — and it's not untrue.”

Nvidia delivered record-shattering earnings on Wednesday as Huang rebuffed swelling narratives around an AI bubble. Its stock popped on Wednesday and then fell again on Thursday as confidence in the AI trade wavered.

 

"If we delivered a bad quarter, it is evidence there's an AI bubble. If we delivered a great quarter, we are fueling the AI bubble," Huang said at the Thursday meeting, which Business Insider has listened to.