Nvidia Posts Strong Q4 Results, Q1 Revenue Forecast of $43B Marginally Exceeds Estimates

Bitcoin Slides While AI Tokens Defy the Trend Amid Nvidia’s Strong Q4

Bitcoin remains under pressure on Wednesday, while AI-related cryptocurrencies continue to outperform following Nvidia’s earnings report.

Key Market Updates:

  • Nvidia (NVDA) posted Q4 EPS of $0.89, slightly ahead of the $0.84 estimate.
  • Revenue came in at $39.33 billion, surpassing the $38 billion forecast.
  • Q1 revenue guidance of $43 billion exceeded expectations of $42.3 billion, but the gross margin outlook of 71% fell short.
  • Nvidia shares fluctuated post-market, showing little net change before the company’s 5 PM ET earnings call.

Crypto Market Reaction

Bitcoin (BTC) remains in the red, down nearly 5% over the past 24 hours, trading around $84,300. However, AI-related tokens bucked the trend, maintaining modest gains despite the broader market weakness.

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