Nvidia's Earnings Call Shocked Wall Street

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FT's Mark Filipino and Tim Bradshaw look at the big news in tech. Nvidia put out a sales forecast for its current quarter that shocked Wall Street. The company is now on course to become the first chipmaker to be valued at more than a trillion dollars. It would put it in same camp as Apple, Microsoft, Amazon and Alphabet.

More large US companies are taking shelter in bankruptcy court, Nvidia is on course to become the first chipmaker to be valued at more than $1tn, and Turkish voters go back to the polls to pick their next president.

Mentioned in this podcast:

US credit squeeze triggers rise in corporate bankruptcies

Nvidia races towards $1tn club as AI frenzy drives chip stocks higher

The latest on Turkish elections

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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