Nvidia CEO Jensen Huang told graduates and academics that "the age of AI has started" in a speech on Saturday, after receiving an honorary doctorate degree in engineering from the Hong Kong University of Science and Technology.

Nvidia Corp.’s surging share price has created a challenge for Jensen Huang’s charitable foundation: As the stock climbs, so does the amount of money it has to give away.

Nvidia’s monster third quarter, bullish guidance, and multi-trillion dollar potential was not enough to satisfy Wall Street. Similar to what happened last quarter, the world’s largest stock ticked more than two percent lower in overnight trading following the blowout earnings report:

Investors have high hopes for the chipmaker, the world’s most valuable company, which has enormous influence over the stock market.

The company's third-quarter numbers were stunning, as it nearly doubled its revenue from the prior year. However, its guidance wasn’t as strong as some analysts had expected.

Nvidia's recent Q3 report exceeded Wall Street's high expectations, yet the stock was down. Due to high demand for its Hopper and new Blackwell Superchips, Nvidia is raking in cash. Research suggests short-term dips are normal in a situation like this.