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After a quarter where Nvidia’s sales nearly doubled, investors and analysts are wondering how long the chipmaker can keep this kind of growth going now that it has a $140 billion annual revenue run rate.

Those hopes fall on Blackwell, which is Nvidia’s name for a family of server products based around its next-generation AI chip.

CEO Jensen Huang and CFO Colette Kress gave investors several new data points on how Blackwell’s launch is shaping up on a call with analysts on Wednesday. The duo emphasized that the rollout is on track, and they signaled that Blackwell sales over the next few quarters will be limited by how many chips and systems Nvidia can make, not how much it can sell.

“Blackwell production is in full steam,” Huang said. “We will deliver this quarter more Blackwells than we had previously estimated.”

The company’s positive comments on Blackwell are one reason why the stock is only down 1%, despite the company missing elevated expectations from bullish investors who anticipated Nvidia would significantly exceed its own forecasts.

Huang and Kress’s comments also addressed fears about shipment delays that were spurred by reports that said Nvidia was making ongoing engineering changes to its systems to address problems.

Some of Nvidia’s most important end-customers have already received some Blackwell chips, the company confirmed on Wednesday. Microsoft, Oracle and OpenAI have posted pictures of Blackwell-based server racks on their social media accounts, and on Wednesday, the company said 13,000 Blackwell chips have already been shipped to customers.

“There’s still a lot of a lot of engineering that happens at this point,” Huang said. “But as you see from all of the systems that are being stood up, Blackwell is in great shape.”

Those sample chips aren’t the bulk of the shipments that the company is expecting to make. They’re early versions intended to allow customers to start testing and get their systems and software ready for the volume shipments, which will start in Nvidia’s current quarter.

“We will we’ll ship more Blackwells next quarter than this [quarter], and we’ll ship more Blackwells the quarter after that than than our first quarter,” Huang said.

In July, Nvidia said it expected “several billion dollars” of Blackwell revenue in its current quarter, and on Wednesday, the company said it expects the amount of Blackwell sales for this quarter to be higher than its original forecast. Huang also said that Microsoft will soon start to preview its Blackwell-based systems to cloud customers.

A limiting factor to producing more Blackwell systems is the amount of components that Nvidia’s suppliers can provide, Huang said. Additionally, it takes time to ramp up the velocity of a manufacturing process that has gone from zero shipments to billions of dollars of shipments in a few months.

“It is the case that demand exceeds our supply, and that’s expected as we’re in the beginnings of this generative AI revolution,” Huang said.

He also named some of Nvidia’s “great partners,” including TSMC, Amphenol, Vertiv, SK Hynix and Micron.

“Almost every company in the world seems to be involved in our supply chain,” Huang said.

Nvidia said that Blackwell’s gross margins will be lower in the coming months than the 73.5% it reported in the third quarter, but the company said that margin will increase as the product matures. Huang pointed out that Blackwell comes as just the chip itself or in configurations that include an entire rack and other components.

Nvidia’s overall message on Wednesday was that its new Blackwell chip is in short supply because companies like OpenAI need the fastest GPUs available as quickly as possible to develop next-generation AI models. As Blackwell rolls out, Nvidia’s current AI chips, which it calls Hopper, will be relegated to serving AI models, not creating new ones. Nvidia said that Blackwell sales will eventually exceed those of Hopper.

“You see now that at the tail end of the last generation of foundation models, we’re at at about 100,000 Hoppers,” Huang said. “The next generation starts at 100,000 Blackwells.”

WATCH: Nvidia can still grow even with Amazon and Microsoft entering the space: Susquehanna’s Chris Rolland

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Week in review: The Nasdaq’s worst week since April, three trades, and earnings

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Week in review: The Nasdaq's worst week since April, three trades, and earnings

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Too early to bet against AI trade, State Street suggests 

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Too early to bet against AI trade, State Street suggests 

Momentum and private assets: The trends driving ETFs to record inflows

State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq’s worst week since April.

Chief Business Officer Anna Paglia said momentum stocks still have legs because investors are reluctant to step away from the growth story that’s driven gains all year.

“How would you not want to participate in the growth of AI technology? Everybody has been waiting for the cycle to change from growth to value. I don’t think it’s happening just yet because of the momentum,” Paglia told CNBC’s “ETF Edge” earlier this week. “I don’t think the rebalancing trade is going to happen until we see a signal from the market indicating a slowdown in these big trends.”

Paglia, who has spent 25 years in the exchange-traded funds industry, sees a higher likelihood that the space will cool off early next year.

“There will be much more focus about the diversification,” she said.

Her firm manages several ETFs with exposure to the technology sector, including the SPDR NYSE Technology ETF, which has gained 38% so far this year as of Friday’s close.

The fund, however, pulled back more than 4% over the past week as investors took profits in AI-linked names. The fund’s second top holding as of Friday’s close is Palantir Technologies, according to State Street’s website. Its stock tumbled more than 11% this week after the company’s earnings report on Monday.

Despite the decline, Paglia reaffirmed her bullish tech view in a statement to CNBC later in the week.

Meanwhile, Todd Rosenbluth suggests a rotation is already starting to grip the market. He points to a renewed appetite for health-care stocks.

“The Health Care Select Sector SPDR Fund… which has been out of favor for much of the year, started a return to favor in October,” the firm’s head of research said in the same interview. “Health care tends to be a more defensive sector, so we’re watching to see if people continue to gravitate towards that as a way of diversifying away from some of those sectors like technology.”

The Health Care Select Sector SPDR Fund, which has been underperforming technology sector this year, is up 5% since Oct. 1. It was also the second-best performing S&P 500 group this week.

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People with ADHD, autism, dyslexia say AI agents are helping them succeed at work

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People with ADHD, autism, dyslexia say AI agents are helping them succeed at work

Neurodiverse professionals may see unique benefits from artificial intelligence tools and agents, research suggests. With AI agent creation booming in 2025, people with conditions like ADHD, autism, dyslexia and more report a more level playing field in the workplace thanks to generative AI.

A recent study from the UK’s Department for Business and Trade found that neurodiverse workers were 25% more satisfied with AI assistants and were more likely to recommend the tool than neurotypical respondents.

“Standing up and walking around during a meeting means that I’m not taking notes, but now AI can come in and synthesize the entire meeting into a transcript and pick out the top-level themes,” said Tara DeZao, senior director of product marketing at enterprise low-code platform provider Pega. DeZao, who was diagnosed with ADHD as an adult, has combination-type ADHD, which includes both inattentive symptoms (time management and executive function issues) and hyperactive symptoms (increased movement).

“I’ve white-knuckled my way through the business world,” DeZao said. “But these tools help so much.”

AI tools in the workplace run the gamut and can have hyper-specific use cases, but solutions like note takers, schedule assistants and in-house communication support are common. Generative AI happens to be particularly adept at skills like communication, time management and executive functioning, creating a built-in benefit for neurodiverse workers who’ve previously had to find ways to fit in among a work culture not built with them in mind.

Because of the skills that neurodiverse individuals can bring to the workplace — hyperfocus, creativity, empathy and niche expertise, just to name a few — some research suggests that organizations prioritizing inclusivity in this space generate nearly one-fifth higher revenue.

AI ethics and neurodiverse workers

“Investing in ethical guardrails, like those that protect and aid neurodivergent workers, is not just the right thing to do,” said Kristi Boyd, an AI specialist with the SAS data ethics practice. “It’s a smart way to make good on your organization’s AI investments.”

Boyd referred to an SAS study which found that companies investing the most in AI governance and guardrails were 1.6 times more likely to see at least double ROI on their AI investments. But Boyd highlighted three risks that companies should be aware of when implementing AI tools with neurodiverse and other individuals in mind: competing needs, unconscious bias and inappropriate disclosure.

“Different neurodiverse conditions may have conflicting needs,” Boyd said. For example, while people with dyslexia may benefit from document readers, people with bipolar disorder or other mental health neurodivergences may benefit from AI-supported scheduling to make the most of productive periods. “By acknowledging these tensions upfront, organizations can create layered accommodations or offer choice-based frameworks that balance competing needs while promoting equity and inclusion,” she explained.

Regarding AI’s unconscious biases, algorithms can (and have been) unintentionally taught to associate neurodivergence with danger, disease or negativity, as outlined in Duke University research. And even today, neurodiversity can still be met with workplace discrimination, making it important for companies to provide safe ways to use these tools without having to unwillingly publicize any individual worker diagnosis.

‘Like somebody turned on the light’

As businesses take accountability for the impact of AI tools in the workplace, Boyd says it’s important to remember to include diverse voices at all stages, implement regular audits and establish safe ways for employees to anonymously report issues.

The work to make AI deployment more equitable, including for neurodivergent people, is just getting started. The nonprofit Humane Intelligence, which focuses on deploying AI for social good, released in early October its Bias Bounty Challenge, where participants can identify biases with the goal of building “more inclusive communication platforms — especially for users with cognitive differences, sensory sensitivities or alternative communication styles.”

For example, emotion AI (when AI identifies human emotions) can help people with difficulty identifying emotions make sense of their meeting partners on video conferencing platforms like Zoom. Still, this technology requires careful attention to bias by ensuring AI agents recognize diverse communication patterns fairly and accurately, rather than embedding harmful assumptions.

DeZao said her ADHD diagnosis felt like “somebody turned on the light in a very, very dark room.”

“One of the most difficult pieces of our hyper-connected, fast world is that we’re all expected to multitask. With my form of ADHD, it’s almost impossible to multitask,” she said.

DeZao says one of AI’s most helpful features is its ability to receive instructions and do its work while the human employee can remain focused on the task at hand. “If I’m working on something and then a new request comes in over Slack or Teams, it just completely knocks me off my thought process,” she said. “Being able to take that request and then outsource it real quick and have it worked on while I continue to work [on my original task] has been a godsend.”

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