NVIDIA's AI boom isn't slowing — and that could be bullish for crypto too.”
$NVDAB
NVIDIA just delivered a major bullish signal for AI investors. Its latest quarterly results beat expectations, with revenue reaching $96.2B, up 106% year over year. Data-center revenue hit about $89B, up 117%. �
Reuters +1
🔥 What moved the stock?
Q3 revenue guidance: about $108B, above Wall Street expectations. �
Reuters
Management expects roughly 70% revenue growth in fiscal 2028, suggesting NVIDIA believes the AI infrastructure boom has significant runway left. �
Reuters
NVDA jumped roughly 8.7% on August 27, adding hundreds of billions to its market value. �
MarketWatch
Demand for NVIDIA's Blackwell Ultra systems remains extremely strong, although supply constraints—particularly memory—are still an issue. �
Kiplinger
The company also expanded its partnership with Amazon AWS. �