Nvidia | Crypto

Nvidia has posted a record quarterly revenue, which has helped dampen fears of an AI bubble and lift crypto and tech stocks. Tech and crypto stocks rose in after-hours trading on Wednesday after chip maker Nvidia’s third-quarter earnings beat expectations on the top and bottom line, allaying fears of an AI bubble. Nvidia reported record revenue of $57 billion for its third quarter ended Oct. 26, up 62% from a year ago and beating Wall Street projections of $54.7 billion. The company reported a profit of $31.9 billion, a 65% increase from last year and surpassing analyst expectations. It also gave a higher-than-expected guidance of $65 billion in revenue for its fourth quarter, suggesting the appetite for artificial intelligence isn’t yet slowing down. Read more

Bitcoin jumped 4% as US equities dropped ahead of Nvidia’s earnings report, but onchain data noted weak institutional demand. Does data show BTC's rebound as a sign of spot buying? Key takeaways: Bitcoin rebounded 4% from a key range under $90,000, outperforming US equities on Tuesday. Tech stocks slid ahead of Nvidia’s pivotal Q3 earnings, which may determine the next phase of the AI trade. Read more

Circular AI investments among Nvidia, OpenAI and AMD have shown similarities to the dot-com bubble, which could spill over to harm the crypto market. Key takeaways: Bitcoin’s correlation with Nvidia has surged to 0.75, its highest in a year. Analysts fear such a correlation may result in BTC price dropping by up to 80%. Read more

Nvidia will invest $5 billion through purchases of Intel stock for $23.28 per share.

The reported $683-million investment from Nvidia into Nscale came amid a push by the UK government to develop the country’s AI infrastructure. Nvidia, one of the most significant chip designers globally, reportedly announced a $683 million investment in a UK-based AI infrastructure company that spun off from a cryptocurrency miner in 2024. According to a Wednesday Bloomberg report, Nvidia CEO Jensen Huang said the investment in Nscale, the AI arm of crypto mining company Arkon Energy, would be part of efforts to develop the UK’s infrastructure around artificial intelligence. Nscale spun off Arkon in May 2024 to offer AI cloud services across Europe. The investment came amid a push by the UK government to develop the country’s AI infrastructure. Nvidia said it would partner with Nscale to scale up the UK’s capacity to 60,000 GPUs, which will be included in some of Nscale’s data centers by 2026. Read more

Nvidia agreed to purchase CoreWeave’s unused data center capacity through 2032.

The company has posted $46.7 billion in revenue for the quarter, despite restrictive export controls from the US-China trade war. Computer chip manufacturer Nvidia reported its financial results for the second quarter of its 2026's fiscal year, beating Wall Street expectations for revenues and earnings per share (EPS). Nvidia reported Q2 revenue of $46.7 billion, a 6% rise over the previous quarter, and over $26.4 billion in net income. The company’s revenue was up by 56% from the previous year, according to Wednesday’s announcement. The company disclosed EPS of $1.08, using GAAP accounting, and $1.05 EPS for non-GAAP. Nvidia also posted a profit margin of around 72.4% for the quarter. Read more

Triton is Nvidia’s open-source inference server designed to optimize AI model deployment, now at the center of newly disclosed security vulnerabilities. Technology company Nvidia released on Saturday a software update to patch vulnerabilities in its Triton server, which clients use for artificial intelligence models. The vulnerabilities, which cybersecurity company Wiz calls “critical,” could lead to the takeover of AI models, data theft and response manipulation if not patched. “Wiz Research found a chain of vulnerabilities that, when combined, could let an attacker with no prior access take full control of an AI server,” Wiz head of vulnerability research Nir Ohfeld told Cointelegraph. Read more

Nvidia shares have jumped nearly 5% after-hours after the chipmaker’s Q1 results beat estimates on revenue but fell short on earnings. Chip-making giant Nvidia has posted mixed results in its first quarter earnings, beating Wall Street expectations on revenue but missing predictions on its income amid US restrictions on its exports to China.  In earnings released May 28 for its first quarter of the 2026 fiscal year ended April 27, Nvidia reported revenues of $44.1 billion, up 12% from its previous quarter and 69% from a year ago and beating Zacks analyst estimates of $42.91 billion by nearly 2.7%. However, the chip maker posted an earnings per share of 81 cents, missing analyst estimates of 85 cents per share. Nvidia recorded a net income of $18.8 billion, up 26% compared to a year ago. Read more

BTC conference begins, Fed minutes & Nvidia today FOMO HOUR EP 366 BTC: 108.8k (-1%), ETH: 2635 (0%), SOL: 173 (-1%). Top Gainers: QNT, TKX, SUI, INJ, UNI. BTC ETFs: +$385mn, ETH ETFs: +$39mn. BTC stable, ETFs monthly inflows highest since Nov. Crypto market cap only 6% below Dec 2024 peak. US could buy more BTC: Sacks. Trump Media to raise $2.5bn to buy BTC. Gamestop buys $512m BTC. Strive raises $750m to buy BTC. Metaplanet issues $50m debt to buy BTC. El Salvador defies IMF, buys more BTC. Bitcoin Act to hit Congress next week: Lummis. BTC reserve is geopolitical advantage: Lummis. Texas removes staking from BTC bill ahead of vote. Cantor Fitzgerald to propose $2bn BTC lending. Block to launch BTC payments on Square. Sharplink raises $425m to buy ETH. SOL now live on Metamask. SOL to underperform ETH over 3 years: StanChart. Echo to launch ICO style platform. Cetus announces 100% recovery from hack. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and ma...

BTC retreats, Nvidia considering BTC treasury, SOL fixes zero-day FOMO HOUR EP350 BTC hits $97.9k then underperforms. Nvidia considering BTC treasury. Arizona governor vetoes BTC bill. Saylor hints at another BTC purchase. Trump reiterates support for crypto. SOL fixes zero-day exploit. Goldman Sachs to offer tokenised treasuries. US unlikely to increase BTC holdings: Hayes. Two key crypto policy leaders of IRS exit. Tether to launch AI project. Vitalik wants to speed up ETH by 100x. Bybit to launch tradfi trading . Brown University invests in BTC ETF. Whale who held 76k ETH in 2015 ICO sells all. Deribit to expand to US. $8.8b crypto hub to be built in Maldives. EU investigating OKX in Bybit hack case. EU to ban anon crypto, privacy tokens from 2027. Kyrgyzstan to launch gold backed stablecoin. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some...

Crypto dips, China open to Tariff talks, Nvidia faces chip ban FOMO HOUR EP338 BTC falls below 200D MA in bearish sign. BTC correlation to stocks nearly 0. BTC miners are main sellers amid higher costs. US may purchase BTC with tariff revenue. Oklahoma BTC reserve bill fails to pass. Semler Scientific to raise $500m to buy BTC. Metaplanet issues $10m bonds to buy BTC. XRP ETFs may be the next SEC approved product. VanEck proposes US refinance debt with BTC. Tether & Ethena set to collab on ecosystem. OKX launches CEX and wallet in US. BNB chain completes 31st quarterly burn. MOVE to conduct internal investigation on founder. New OM CEO to burn all of his team’s tokens. PLAYLIST = https://www.youtube.com/playlist?list=PLGSgoImPFTiVpkHhLXF78cE_Z3uG7VNGL PODCAST = https://podcasters.spotify.com/pod/show/fomohour LIVE SPACE = https://x.com/i/spaces/1jMKgkyMZYkKL JOIN YEET NOW = https://yeet.com/register?aff=fomohour Links: https://linktr.ee/fomohour https://twitter.com/fomohour https://www.rug.fm/ https://x.com/r...