Nvidia CEO Jensen Huang said Wednesday the chipmaker is heading into a “crazy good” fourth quarter, underscoring its dominance at the heart of the global artificial intelligence boom.

In an interview on FOX Business Network’s “The Claman Countdown” following stronger-than-expected third-quarter earnings, Huang said he expects the momentum to carry into the next quarter.

“We guided to a much larger quarter next quarter,” Huang said. “And so the guidance that we provided is crazy good — I would agree with that. But we’re in the beginning of a very long-term build-out of the fundamental infrastructure of humanity, which is computing.”

Huang added that the California-based company is leading a transformation in computing.

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“We reinvented computing for the first time in 60, 70 years,” he said. “And so all of the computers that have been installed around the world is being modernized to accelerated computing and video GPUs and to artificial intelligence. And so this build-out is going to last us many years to come.”

Earlier Wednesday, Huang shrugged off concerns about an AI bubble as the company surprised Wall Street with accelerating growth after several quarters of slowing sales.

The chipmaker’s stellar third-quarter earnings and fourth-quarter forecast calmed, at least temporarily, investor nerves over concerns an AI boom has outrun fundamentals. 

Global markets have looked to the chip designer to determine whether investing billions of dollars in AI infrastructure expansion has resulted in an AI bubble.

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“There’s been a lot of talk about an AI bubble. From our vantage point, we see something very different,” Huang said on a call with analysts, where he touted how much cloud companies wanted Nvidia chips.

“We’re in every cloud. The reason why developers love us is because we’re literally everywhere,” he said. “We’re everywhere from cloud to on-premise to robotic systems, edge devices, PCs, you name it. One architecture. Things just work. It’s incredible.”

He reiterated a forecast from last month that the company had $500 billion in bookings for its advanced chips through 2026.

Shares of the AI market bellwether jumped 5%…

The gold price continued moving higher this week, reaching yet another record.

After trading as low as US$3,006 per ounce on Monday (March 24), the yellow metal took off midway through the week, closing at US$3,085 on Friday (March 28).

So what factors are moving gold right now?

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Many experts agree that the precious metal is benefiting from long-term underlying drivers — like central bank buying — as well as recent turmoil surrounding tariffs, the US economy and global conflicts.

Tariffs were definitely in focus this week, with US President Donald Trump signing an executive order to impose 25 percent tariffs on all automobile imports starting on April 3.

Trump’s reciprocal tariffs are also set to go into effect on that day.

Anything can happen, but at this point it seems fairly certain that gold itself is unlikely to face tariffs. Here’s how Dana Samuelson of American Gold Exchange explained it:

“My opinion is that it doesn’t make sense to tariff gold because it is a tier-one asset — it’s equivalent to a Treasury. So they’re not going to tariff Treasuries, right?

“The commodity uses for gold are about 5 percent compared to 95 percent being a monetary metal. So I don’t think it makes sense to tariff gold.”

He added that silver, which has strong industrial applications, could face tariffs.

Copper is another story entirely — Trump previously ordered the Department of Commerce to investigate copper tariffs, and while it was supposed to provide a report within 270 days, sources now indicate it could come sooner. People familiar with the matter told Bloomberg that the investigation “is looking like little more than a formality,” and the news has bolstered prices for the red metal.

Copper futures on the Comex in New York rose to an all-time high this week, although London copper prices declined, creating a larger spread between the two.

Going back to gold, the precious metal is also digesting last week’s US Federal Reserve meeting, which saw the central bank leave rates unchanged. While officials are still calling for only two cuts this year, Danielle DiMartino Booth of QI Research thinks the Fed could cut as many as four to five times in 2025.

Here’s what she said:

“I do see the pace of layoffs and bankruptcies in the US economy as probably (putting) the Fed in a tight position going into May. We’ve got two nonfarm payroll reports before they meet on May 7, and I think that because the unemployment rate is just a rounding error shy of being at 4.2 percent, that there is a risk — a very tangible risk given, again, all of the layoffs, store closures that we’ve seen in 2025 — in economic fallout, not just in the public sector, but more so in the private sector.

“The Fed (could) be at its 4.4 percent year-end unemployment rate target a lot sooner than it foresees, such that the president could be right here — we could be seeing quite a few more than two interest rate cuts this year. I foresee maybe four or five.”

Friday brought the release of the…