Nvidia’s Earnings Report Sends Stock Soaring—Because Apparently AI Hype Still Prints Money

Another quarter, another proof that Wall Street will swallow any AI-related buzzword with glee. Nvidia’s latest numbers lit a rocket under its share price—because nothing gets traders more excited than a company riding the speculative wave.

The chipmaker’s report didn’t just meet expectations—it bulldozed them. Investors piled in like it was 2021 all over again, because who needs fundamentals when you’ve got momentum?

Funny how these ’groundbreaking’ earnings always seem to align perfectly with executive stock vesting schedules. But hey—keep buying the dip, right?

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The news had little effect on AI tokens. The sector’s market capitalization rose only 0.6%, according to CoinGecko. NEAR and FET rose more than 5%, while Grass fell 5.7%.

The cautious reaction follows a broader cooling off after Nvidia’s key announcement at GTC earlier this year.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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