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Nvidia Results Are AI Market's Biggest Test Amid Competitive Worries

Investors seek confirmation Nvidia can sustain 62% profit growth amid $630 billion Big Tech AI spending and rising competition from hyperscalers and chipmakers.

Summary by WTVB
By Arsheeya Bajwa and Aditya Soni Feb 24 (Reuters) – As Nvidia heads into quarterly earnings on Wednesday, AI investors are seeking evidence that the chipmaker’s profits are growing apace on the back of a $630 billion capital spending budget from Big Tech. But signs of risk to Nvidia’s long-held dominance are also emerging from hyperscalers’ plans to design their own cheaper AI chips. After powering much of the ​U.S. stock market rally for the p…

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Nvidia results are AI market's biggest test amid competitive worries

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CXO Insight Middle East broke the news in on Monday, February 23, 2026.
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