Nvidia shares jump 6% in after-hours trading as chip designer earnings deliver on AI promise

Nvidia under intense scrutiny on concerns of some analysts the stock market bubble around AI-linked shares was about to burst

Nvidia chief executive Jensen Huang.

US chipmaker Nvidia, which has been at the heart of the frenzy around artificial intelligence that has helped fuel a remarkable rally for global stock markets, posted quarterly earnings that beat analyst expectations. Its shares jumped more than 6% in after-hours trading on Wednesday night.  

The latest earnings of Nvidia have come under intense scrutiny on concerns of some analysts that the stock market bubble around AI-linked shares was about to burst.