NVIDIA (NVDA) Gains: BTC, ETH, XRP Little Changed



Nvidia (NVDA) He reported stronger profits than expected for the second quarter on Wednesday, registering income of $ 46.7 billion, an increase of 56% compared to the previous year.

The results underline the role of the chips manufacturer in the center of the AI ​​boom, since the demand of its high -power processors showed few signs of deceleration.

The company’s shares fell 1.7Of % In trade after hours, with some income from the notification data center as a bit soft at $ 41.1 billion against estimates of $ 41.29 billion.

Tokens united to the Internet computer Near the protocol and bittensor He showed little reaction to the news, trading approximately flat before the results.

Bitcoin ether (Eth) and XRP Rodea appeared in the news, but quickly returned on those losses, without showing approximately any net movement before the profits.

Wall Street will closely analyze Nvidia’s comment, especially for signs that hyperscalers such as Microsoft, Meta and Amazon continue to increase chips orders. Analysts are also looking for updates on the company’s work to develop more advanced chips for China, a market where the export restrictions of the United States complicate sales.

Nvidia is configured to accommodate your gain call at 5 PM ET, where executives will present analysts’ questions.



Leave a Comment

Your email address will not be published. Required fields are marked *