Nvidia Just Made Wall Street Do a Happy Dance (and Crypto Too!)

by

Markets

What to know:

  • Nvidia, the chip-slinging titan, smashed fourth-quarter expectations like a piñata at a five-year-old’s birthday party, raking in over $68 billion in revenue.
  • Shares did a little jig, rising 1.4% during Wednesday’s session and then moonwalking 3% higher in after-hours trading. Bravo, Nvidia, bravo.
  • Bitcoin, never one to miss a party, stayed cozy above $69,000, while AI-linked crypto tokens like TAO, ICP, and AI-focused mining stocks joined the conga line with modest gains.

Ah, Nvidia (NVDA), the Goliath of the tech world and the darling of every AI enthusiast who’s ever dreamed of robots doing their laundry. Once again, it’s proven that it’s not just a chipmaker-it’s a Wall Street whisperer. On Wednesday, after the markets closed (because drama is best served after hours), Nvidia announced it had topped expectations for the fourth quarter, posting a jaw-dropping $68.1 billion in revenue. That’s a 73% leap from last year, folks. Apparently, the world is very thirsty for AI chips.

Adjusted earnings per share? $1.62. Wall Street’s guess? $1.54. Nvidia’s response: “Hold my circuit board.” Analysts, clutching their calculators, had predicted $66.1 billion in revenue, but Nvidia said, “Oh, you sweet summer children,” and blew past that like a Tesla on autopilot.

Shares, naturally, did a victory lap, rising nearly 3% in post-market trading. Investors, meanwhile, are now hanging on every word of Nvidia’s guidance like teenagers at a One Direction concert. The company expects first-quarter revenue of around $78 billion-because why stop at $72.9 billion when you can go full-on übermensch?

And let’s not forget the Data Center revenue, which hit a record $62.3 billion. That’s up 75% from last year and 22% from the previous quarter. Why? Because “accelerated computing and AI” are the new black, darling.

Meanwhile, in the crypto corner, Bitcoin was like, “I’m still here, guys,” holding steady around $69,500 after a 10% rally. AI-focused tokens like Bittensor (TAO) and Internet Computer (ICP) also got in on the action, because why should Nvidia have all the fun? Crypto miners, now inexplicably linked to AI (thanks, Nvidia), saw modest gains too. IREN, Cipher Digital, and TeraWulf all inched up 1%-2% in after-hours trading. It’s like the entire market decided to throw a party, and everyone’s invited.

Next up? Nvidia’s conference call at 5 p.m. ET, where investors will be listening with the intensity of a cat staring at a laser pointer. What’s the next phase of the AI infrastructure buildout? Will robots finally fold our laundry? Only time-and Nvidia-will tell.

Read More

2026-02-26 00:52