Bitcoin miners tied to AI rise as Nvidia posts big earnings beat and strong outlook
CoinDesk
Bitcoin miners with AI infrastructure exposure saw gains after Nvidia reported record-breaking quarterly revenue and positive future growth forecasts.Summary
Nvidia reported a record-breaking fiscal quarter, with revenue reaching $81.62 billion due to surging demand for artificial intelligence infrastructure. Despite the company's strong performance and optimistic outlook, its stock faced minor pressure as investors weighed future growth challenges. Meanwhile, Bitcoin mining firms like Core Scientific and Cipher Mining experienced modest gains, as the market increasingly views their data center and power capabilities as strategic assets for the expanding AI sector.
(Source：CoinDesk)