Nvidia’s Blockbuster Earnings Ease AI Bubble Fears as Crypto, AI Tokens Rebound

Nvidia’s latest earnings report delivered a strong boost of confidence to tech and crypto markets, easing concerns about a potential AI bubble. The semiconductor giant beat Wall Street expectations for its third quarter, reporting an impressive $57.01 billion in revenue — a 62% increase from the same period last year. This surge reflects the ongoing global demand for powerful AI chips as companies race to scale their artificial intelligence capabilities.

CEO Jensen Huang highlighted the explosive momentum, noting that “Blackwell sales are off the charts, and cloud GPUs are sold out,” adding that demand for compute power continues to accelerate across both AI training and inference. Investors reacted positively, sending Nvidia’s stock up more than 4% in after-hours trading.

A major driver of this performance was Nvidia’s data center division, which posted $51.2 billion in revenue, exceeding analyst expectations of $49.34 billion. Looking ahead, Nvidia forecasts fourth-quarter revenue between $63.7 billion and $66.3 billion, surpassing Street estimates of $62 billion. The bullish outlook suggests Nvidia’s strategic investments in AI infrastructure, next-generation chips, and software ecosystems are translating into sustained growth.

The ripple effect of the earnings beat was felt across crypto markets. Bitcoin rebounded above $90,000 after briefly dipping toward $88,000 earlier in the day. AI-linked crypto assets such as TAO, NEAR, ICP, and RNDR all surged 4%–5% following the announcement, reflecting renewed market confidence in the AI sector.

Bitcoin mining companies that have shifted toward AI infrastructure also saw notable gains. IREN climbed 8%, Cipher Mining rose 11%, and Hut 8 advanced 6% during evening trading. These companies have faced sharp declines in recent weeks amid broader tech weakness and concerns over overvaluation in the AI space.

Nvidia’s results reinforce its dominant role in the global AI supply chain, with its GPUs powering large language model development, major cloud platforms, and advanced machine-learning workloads. As investors await Nvidia’s conference call, many are looking for further assurance that the company’s aggressive AI investments will continue to drive long-term revenue growth.