Nvidia Stock: The November 19 Catalyst Every Crypto Investor Should Watch
Graphics giant's earnings could send shockwaves through crypto mining markets.
The AI and Gaming Powerhouse
Nvidia's chips power everything from gaming rigs to Ethereum mining operations. Their quarterly results often move multiple markets simultaneously.
Crypto Mining Connection
Remember when GPU shortages drove crypto miners crazy? Nvidia's performance still impacts mining profitability calculations. Their guidance could signal hardware demand shifts.
Market Timing Play
Buying before earnings is like betting on black while wearing rose-colored glasses—sometimes it works, often it doesn't. But in crypto, we're used to volatility.
November 19 represents more than just another earnings date—it's a temperature check for the entire tech-crypto ecosystem. Because when traditional finance analysts scratch their heads over GPU sales numbers, crypto traders are already three steps ahead placing their bets.
Image source: Nvidia.
Don't get complacent on Nvidia
Expectations will once again be high. For its fiscal 2026 third quarter, management has guided investors to expect about 15% sequential growth, or 54% year-over-year sales growth. That forecast is even more remarkable considering that it doesn't include any potential H20 chip shipments to China.
Investors shouldn't yawn at those numbers. After this many quarters of similarly incredible growth rates from the GPU leader, it's possible that the market is starting to take them for granted. But investors shouldn't forget just how much cash FLOW that growth will result in. That cash should eventually make its way back to shareholders through buybacks, dividends, or share price growth.
The lesson for investors is not to sleep on Nvidia. Expectations may be high, but this is not a story stock. Its revenues and cash flow are real. The next healthy slice of short-term gains for the stock might be arriving in the next few weeks, leading up to Nvidia's Q3 earnings report. But this is a stock that it makes sense to own for the long term. That makes buying Nvidia stock now a smart MOVE either way.
