Nvidia Exceeds Q3 Expectations, Bolstering AI Trade and Crypto Sentiment

Nvidia's third-quarter performance shattered Wall Street estimates, with adjusted earnings of $1.30 per share—surpassing the $1.26 consensus—and revenue hitting $57 billion against expectations of $54.9 billion. The 60% year-over-year earnings growth underscores the company's dominance in AI chip technology, sending NVDA shares up 5% in pre-market trading.

Bernstein analyst Stacy Rasgon hailed the results as a "solid beat and raise," emphasizing Nvidia's bullish Q4 revenue guidance of $65 billion. "I'm not sure what else you can ask for," Rasgon told Yahoo Finance, noting the clarity the figures provide for investors. The Optimism extends beyond equities, potentially buoying crypto assets tied to AI and compute infrastructure like FET, AGIX, and RNDR.

While the report lacks direct cryptocurrency mentions, Nvidia's continued execution reinforces the macro narrative of AI-driven technological convergence—a tailwind for blockchain projects bridging decentralized and traditional compute markets. The results may amplify institutional interest in crypto assets positioned at this intersection.