BTC prices saw a slight increase following NVIDIA’s earnings report released just minutes ago. The company’s earnings surpassed expectations, providing supportive news for risk markets in the wake of ongoing balloon discussions following the DeepSeek incident.
NVIDIA Earnings Report
The expected earnings per share (EPS) for the company’s stocks was 0.84, while the actual EPS reported was 0.89. The company’s revenue came in at 39.3 billion dollars, exceeding the expectation of 38.25 billion dollars. The latest quarterly data presents a largely optimistic picture, bolstered by the better-than-expected figures despite the earlier mentioned DeepSeek event.
Continued Strong Demand
Data center revenue reached 35.6 billion dollars against a forecast of 34.09 billion dollars, indicating sustained strong demand in the artificial intelligence sector. The revenue expectation for the first quarter stands at 42.3 billion dollars, which is also positive. The Blackwell architecture generated 11 billion dollars in revenue. However, gaming revenue weakened, coming in at 2.5 billion dollars against an expectation of 3.02 billion dollars, showing it does not possess as robust a stance as the AI sector. The profit margin aligned with expectations, yet the forecast for the first quarter was revised downwards, now estimated to be between 70.5% and 71.5%, reflecting a 0.6 point drop.
BTC has increased slightly, and the favorable data bodes well for the coming days. Had the figures fallen short of expectations, we might have witnessed a new movement toward 80,000 dollars. A swift recovery to 85,000 dollars is essential, with a reactive upward trend needing to commence.