Nvidia's Earnings Silence 'AI Bubble' Critics; Korea News Roundup
Creatrip Team
3 months ago
Nvidia crushed AI bubble doubts with a blockbuster Q3: revenue $57.01bn (up 62% YoY) and net income $31.9bn, driven by surging data-center sales and near sellouts of Blackwell-based GB300 GPUs. Major cloud providers plan heavy AI infrastructure spending, supporting continued demand. In Korea, HD Hyundai and universities signed an AI technology cooperation pact to accelerate AI transformation in shipbuilding and marine industries. Netflix is launching its "Netflix Preview Club" in Korea, inviting selected viewers to watch early cuts and share feedback. Korea's fashion sector, hit by warm weather and weak consumption, hopes a coming cold snap and high-end outerwear (e.g., padding) will boost Q4 sales, though long-term recovery needs structural changes. Nvidia’s strong results also lifted Bitcoin above $90k briefly, while the EU delayed key AI law provisions by 16 months amid industry pushback. Separately, Korea’s Personal Information Protection Commission is investigating a KT security incident for possible privacy-law violations.
