Nvidia’s Earnings: Bitcoin’s New Best Friend? đŸ€đŸ’°

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Markets

What to know:

  • Nvidia just handed Wall Street a standing ovation (and a 62% revenue leap) in Q3. Fourth-quarter guidance? Let’s just say the bulls are wearing party hats 🎉.
  • Bitcoin, which had been playing chicken with $88K, suddenly remembered it’s rich and zoomed back above $90K. Crypto markets are now less jittery than my cat during a thunderstorm đŸŸ.
  • AI crypto tokens? They’re riding Nvidia’s coattails like Wall Street’s version of a carnival ride 🎱. Up 4-5%, because why not?

Nvidia (NVDA) just dropped an earnings report so strong it could’ve powered a data center. After U.S. markets closed on Wednesday, the chipmaker handed Wall Street a “meh, I did better” moment with $57.01 billion in revenue-because 62% year-over-year growth is clearly modest.

CEO Jensen Huang, ever the optimist, casually mentioned, “Blackwell sales are off the charts, and cloud GPUs are sold out.” Translation: “We’re selling chips faster than you can say ‘AI winter’-and even then, we’re already out.”

Shares? Up 4% in after-hours trading. Because why let a good profit report go to waste? Data center revenue hit $51.2 billion-just slightly more than analysts guessed. “Slightly” being the polite way of saying “we’re basically printing money.”

Fourth-quarter guidance? Nvidia said $63.7-$66.3 billion. The Street was begging for $62. Maybe next time they’ll bring snacks to the forecast party 🍿.

Meanwhile, Bitcoin decided to throw a comeback party, climbing back above $90K. And let’s not forget the AI crypto tokens, which are now dancing like they’re in a TikTok ad đŸ•ș. Near Protocol and others? Riding the Nvidia hype train like it’s the last subway to AI riches.

Nvidia’s now the undisputed king of AI’s supply chain. Its GPUs are the BeyoncĂ© of data centers-everyone wants a seat at the table. Training LLMs, powering cloud stuff, and keeping big tech’s machine-learning engines humming. It’s like being the Uber driver for the AI apocalypse đŸš—đŸ€–.

Tomorrow’s conference call? Investors will be clutching their seats, hoping Jensen doesn’t say “AI winter” or “regulatory hurdles.” Spoiler: He won’t. He’ll probably just laugh and drop another revenue bomb 💣.

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2025-11-20 00:53