After-hours, NVIDIA (NVDA.O) said in its Q2 report it expects Q3 revenue of
$108.0 bln, ±2%, versus analysts' average $105.2 bln and some forecasts above
$110 bln. Shares fell about 2% in after-hours trading. The muted reaction
highlighted rising investor skepticism about the sustainability of AI-driven
spending after years of rapid growth, with some participants warning of a
potential bubble. NVIDIA’s extensive investment agreements with AI firms have
also raised concerns that circular trading could introduce instability across
the sector.