Nvidia is the poster child of the stock market's AI-driven ascent to record highs, so all eyes were laser-focused on its latest earnings report. The AI King delivered the goods, besting Wall Street analysts' top and bottom-line estimates, and offering bullish guidance. Investors reacted kindly... at first.

Yet that wasn't the only impressive part of the business. Gaming sales, Nvidia's second-largest segment, soared by 30% year over year. And professional visualization, which now includes sales of Nvidia's Spark, which the company calls the world's smallest AI supercomputer, rocketed 26.5% sequentially over Q2.

Nvidia shares have fallen more than 12% since their recent peak on Oct. 29—the day it became the world's first $5 trillion company. It's the 16th time shares have "corrected," dropping 10% or more from a recent high,

Strong quarterly earnings from Nvidia and Walmart plus a better than expected September jobs report sent stocks soaring early Thursday.

An early stock-market rally on Thursday has given way to broad-based selling as doubts about the artificial-intelligence trade re-emerged following the latest batch of earnings from Nvidia.

Nvidia shares rose about 5% in off-hours trading following the AI chipmaker's earnings on Wednesday. + That would be well above the average price gain for the past eight quarters on the trading day after earnings,

Nvidia Stock Jumped on Staggering Growth and CEO Jensen Huang's Bullish Comments. Is the Stock a Buy? Blistering data center growth and a pointed rebuttal of AI bubble fears just pushed this chip stock higher.

Nvidia’s earnings report crushed analysts’ forecasts and tamped down on the market’s fears of an AI bubble bursting.