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Nvidia Reports Q3 FY2026 Earnings of $57B, Projects $63.7–66.3B in Q4, Boosting Bitcoin and Mining Stocks

Nvidia Reports Q3 FY2026 Earnings of $57B, Projects $63.7–66.3B in Q4, Boosting Bitcoin and Mining Stocks

Nvidia’s strong earnings lifted Nasdaq and Bitcoin to over $92K, with AI and semiconductor market optimism outweighing prior bubble concerns.

BTC

Summary

Nvidia’s stronger-than-expected Q3 FY2026 earnings of $57.01 billion and upbeat Q4 guidance helped propel Bitcoin up 3.4% to $92,331, recovering from about $88,000. The rally also supported mining stocks and eased market fears over an AI and semiconductor bubble, despite recent Federal Reserve minutes reducing December rate cut expectations from 95% to 28%.

Terms & Concepts
  • Bitcoin: A decentralized digital currency that operates without a central bank, using blockchain technology to record transactions.
  • Mining Stocks: Shares of companies involved in cryptocurrency mining, often sensitive to fluctuations in cryptocurrency prices.