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Nvidia stock jumps 7% as earnings lift Bitcoin
Nvidia shares climbed 6.7% to approximately $223.71 in premarket trading on Aug. 27
after the chipmaker reported stronger fiscal second-quarter results and issued an above-consensus outlook.
Nvidia shares rose 6.7% premarket after quarterly revenue and guidance exceeded
Wall Street expectations Thursday.
Second-quarter revenue reached $96.2 billion, rising 106% year over year and beating analyst estimates.
Bitcoin gained 2.4% toward $80,400 as technology futures rallied following Nvidia's earnings release Thursday morning.
IREN jumped 5%, while TeraWulf and Cipher Mining each added approximately 3% before Thursday's opening.
Nvidia forecast $108 billion in third-quarter revenue while excluding China data-center compute sales from guidance.#NVIDIAEarnings #CandyDrop1BTCForOldUsers #EventContracts1%Reward #TopFiveLeaguesPreMatchPredictor #GateStockInsightsChallenge $NVDA
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