Marketplace Tech · Friday, August 28, 2026
Nvidia reported strong quarterly earnings that pleased Wall Street, a change from previous quarters where the AI chip maker's good results were met with skepticism. Despite concerns about AI spending and potential circular financing related to customer support, Nvidia's financial performance and its expanding reach into AI model development were viewed positively. The company plans to continue raising prices on its new chips.
“The chip maker powering the AI boom reported strong quarterly earnings again this week.”
“And for the first time all year, the markets cheered.”
“Nvidia earnings, as usual, they were great.”
“And so I think that it's very, very difficult to develop your own custom AI chip.”