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WSJ Tech News Briefing

TNB Tech Minute: Nvidia Reports Record Sales

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 19 November 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Nvidia, xAI and Saudi Arabia’s Humain partner to develop a data center in Saudi Arabia. And the EU plans to change tech laws to boost innovation. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Deloitte expects the space economy to reach $2 trillion by 2035.

0:04.6

Jason Garzatus, CEO of Deloitte U.S., says that growth is fueled by data and its application

0:09.6

for businesses across industries.

0:11.3

What's exciting is that the data and the analytic and the commercial application of the data

0:16.1

will move to be more mainstream.

0:18.7

It will be something that organizations of any size can benefit from

0:22.3

the data that's being emitted from space that could be pertinent to their operation.

0:25.8

Visit Deloitte.com to learn how the space economy is creating new opportunities.

0:31.4

Here's your afternoon T&B Tech Minute for Wednesday, November 19th. I'm Julie Chang for the Wall Street Journal.

0:38.5

NVIDIA reported record sales for the third quarter. Sales for the world's most

0:43.5

valuable publicly listed company hit $57 billion, up 62% from the year earlier quarter, and beating

0:51.3

Wall Street estimates. Invita increased guidance for the current quarter as demand

0:55.9

for its advanced AI data center chips continue to surge. Staying on NVIDIA, the chipmaker is partnering

1:02.5

with Elon Musk's XAI and Saudi Arabia's humane to develop a data center in Saudi Arabia.

1:09.3

Musk and NVIDIA CEO Jensen Huang unveiled plans today at a gathering featuring President Trump

1:14.6

and Crown Prince Mohammed bin Salman.

1:16.5

The announcement reflects a recent shift among businesses to work with Saudi Arabia after the

1:22.0

2018 murder of journalist Jamal Khashoggi.

1:25.0

The data center will consume 500 megawatts or enough electricity to power

1:29.6

several hundred thousand homes for a year. The U.S. is expected to approve advanced AI chip exports

1:35.1

to humane with security guardrails to ensure the technology doesn't benefit China, according to people

1:40.5

familiar with the discussions. Finally, the European Commission laid out a plan to

...

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