The GPU leader delivered better-than-expected results, and its guidance suggests that its impressive growth is not over.

This year’s revenues are anticipated to be around $215 billion, with the figure expected to surpass $300 billion next year.

Alibaba and ByteDance are among the tech groups training their latest large language models in data centres across South-east Asia, the report said, citing two people with direct knowledge of the matter. Reuters could not immediately verify the report. Copyright 2025 Thomson Reuters.

Beyond training, Chinese tech companies also use south-east Asian data centres to service their overseas customers, as Alibaba and ByteDance seek to grow their share of the global cloud computing market. Chinese companies are also expanding access to data centres in other regions such as the Middle East.

Hedge fund billionaire Peter Thiel sold his entire stake in Nvidia and started a position in Microsoft during the third quarter.

Nvidia has been subject to criticism over circular AI deals — as the leading AI chipmaker has invested in its own customers — with the famed "Big Short" investor Michael Burry recently betting on the company's decline and claiming the AI market is like the dot-com bubble.

To be clear, Nvidia’s graphics processing units (GPUs) remain the gold standard for the AI industry. But Google’s TPUs — which power its highly praised Gemini 3 — are cheaper to develop and require less power. Some industry experts estimate that TPUs offer up to four times better performance per dollar than comparable GPUs.

“We’re delighted by Google’s success—they’ve made great advances in AI, and we continue to supply to Google,” Nvidia wrote in a post on X. “Nvidia is a generation ahead of the industry—it’s the only platform that runs every AI model and does it everywhere computing is done.”

Is there a more promising option? It appears that its counterpart, NVIDIA, offers you more. NVIDIA (NASDAQ: NVDA) stock

Appaloosa's billionaire boss has changed course with Nvidia, but bid adieu to an AI stock that recently flirted with a trillion-dollar valuation.