Nvidia Surpasses Q4 Estimates, Sets Q1 Revenue Guidance at $43B, Edging Past Projections

Bitcoin Slumps While AI-Related Tokens Outperform Amid Nvidia’s Earnings

Bitcoin continues to trade lower on Wednesday, while AI-focused cryptocurrencies maintain their upward momentum following Nvidia’s earnings report.

Key Highlights:

• Nvidia (NVDA) delivered a solid Q4, reporting EPS of $0.89, slightly above the $0.84 estimate.
• Revenue reached $39.33 billion, surpassing expectations of $38 billion.
• Q1 revenue guidance of $43 billion was marginally ahead of the $42.3 billion consensus, but a gross margin outlook of 71% disappointed investors.
• NVDA shares remained volatile in after-hours trading, with little net movement ahead of the 5 PM ET earnings call.

Crypto Market Update

Bitcoin (BTC) is down nearly 5% over the past 24 hours, hovering around $84,300. AI-related tokens continue to outperform, showing resilience despite the broader market downturn.