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The people, companies and trends shaping the global economy.

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Nvidia, the chipmaker at the heart of the artificial intelligence boom, said revenue will grow about 70% next fiscal year, easing concerns that AI spending is poised to lose momentum. The projected sales growth for fiscal 2028 outstrips analysts’ estimates for a 45% jump, according to data compiled by Bloomberg. Nvidia shares rose as much as 7.6% to $225.50 after trading got underway in New York on Thursday, adding about $362 billion in market value. The stock was already up 12% this year through Wednesday’s close.

On today’s episode:

Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence
Matthew O’Neill, Co-Producer & Co-Director, ‘Can’t Look Away: The Case Against Social Media’
Nina Trentmann, Bloomberg News Senior Editor and CFO Briefing Editor & Eric Aboaf, CFO and EVP at S&P Global
Patrick Pan, Global Head of Marketing at X-Lab

See omnystudio.com/listener for privacy information.

Nvidia Fuels Bets on AI Trade

Bloomberg Businessweek

Nvidia Fuels Bets on AI Trade