Nvidia share in focus: what the AI balance for Bitcoin, Ethereum & the Kryptomarkt means
The quarterly report from Nvidia ensures movement on the stock exchange and cryptoma market. This means the Nvidia balance for Bitcoin, Ethereum & Co.
Values in this article
Shares
148.52 EUR -5.86 EUR -3.80%
currency
86,753,7695 CHF 84.8038 CHF 0.10%
92,614,0702 EUR 25.5552 EUR 0.03%
108,325,4911 USD 93.1871 USD 0.09%
CHF 3,525,7759 10,9523 CHF 0.31%
3,763,9454 EUR 9.0570 EUR 0.24%
4,402,4761 USD 13,1604 USD 0.30%
CHF 160.8065 -0.0291 CHF -0.02%
EUR 171,6691 -0,1516 EUR -0.09%
$ 200,7918 -0.0599 USD -0.03%
2.2138 CHF -0.0093 CHF -0.42%
2.3633 EUR -0.0116 EUR -0.49%
USD 2.7642 -0.0120 USD -0.43%
5.4303 CHF -0.0517 CHF -0.94%
5,7972 EUR -0.0593 EUR -1.01%
6,7806 USD -0.0653 USD -0.95%
• Nvidia with record numbers
• Correlation between Bitcoin and Nvidia numbers
• Cryptomarkt rules on Nvidia Quartals Report
Nvidia makes more sales and profits in Q2
The AI boom caused record numbers for Nvidia: in the second quarter, sales climbed 56 percent to $ 46.74 billion, winning $ 59 to $ 26.4 billion. Business with data centers in particular contributed $ 41.4 billion, but missed the market expectations.
Actually, CEO Jensen Huang had seen a sales potential of around $ 50 billion a year in China alone-but Nvidia currently does not sell chips there because of US exporters and headwinds from Beijing. No proceeds from China are planned in the current quarter. Instead, the company is aiming for sales of $ 54 billion (± 2 percent).
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For the Nvidia share, it went downwards after the annual of the annual report. On Thursday, she ultimately lost 0.79 percent to $ 180.17 in Nasdaq trading-the price losses in the meantime were higher.
Chart analysts see a crucial hurdle in the $ 183. A breakthrough could pave the way towards $ 200, while failure would put a strain on the mood on the markets, says Onesafe.
That means the Nvidia balance for the crypto market
But not only the stock market looked forward to the quarterly figures of the AI giant. The cryptom market also indirectly reacts to Nvidia: the group’s graphics processors are not only used for AI applications, but also in blockchain systems and in crypto mining, as BTC-ECHO explains. The focus was also on the focus.
Historical analyzes show a close correlation between Nvidia business reports and the Bitcoin: Often Bitcoin weakens from Nvidia numbers, while a positive increase in stocks also pulls up cryptoma markets, as Onesafe explains. Investors see this a mutual dependency – the more nvidia performs, the greater the trust in digital assets.
In addition to Bitcoin & Co.
But although the annual report did not quite meet expectations, on Thursday at the Kryptomarkt, it was mainly upwards: Bitcoin temporarily climbed over $ 113,000. And Solana was also the strongest winner among the top 10, while Ethereum and Ripple add up. According to analysts, BTC-echo supports the cautious Nvidia forecast, the demand for hedging such as Bitcoin, since an end of the AI boom is signaled ..
Meanwhile, the reaction of many AI cryptocurrencies remained damped, as OneSafe reports. Only individual tokens such as LivePeer could grow. Market observers referred to uncertainty about the demand for Nvidia H20 chips, which brakes a wider rally in the AI token sector.
Overall, according to the OneSafe, the market mood fluctuates between optimism and caution: the Bitcoin is waiting for clear signals near its all -time high and investors. Should Nvidia overcome the resistance, this could not only inspire the share price, but also the entire crypto ecosystem. Conversely, every disappointment would quickly hit both markets.
Editor finance.net
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