Dow Jones Top Company Headlines at 3 AM ET: Nvidia Reports Blowout Quarter, Says Demand for AI Chips Is Getting Even Hotter | AI ...

Nvidia reported a blowout quarter and said demand for AI chips is getting even hotter, backing its outlook with a forecast for 70% revenue growth next year and defending financial support for AI companies as shares rose. The roundup also highlights other major developments: Hangzhou-based AI startup DeepSeek is positioned to seek a $74 billion valuation; OpenAI-linked research sees Hugging Face incident explanations; and Barret Zoph, co-founder of Thinking Machines Lab, is joining Google as vice president of research after a short stint at OpenAI. In corporate results, Salesforce lifted full-year sales and profit forecasts after an increase tied to an expanded partnership with Anthropic’s Claude. Qantas warned fuel costs from the Iran conflict will extend the impact into its current fiscal year.