The chipmaker’s upbeat quarter and comments on continued compute demand boost investor sentiment across both equity and digital asset markets, according to Jinshi Data.
Nvidia reported robust fourth-quarter results, describing ongoing compute demand as 'hungry.' The announcement drove gains in U.S. equities and major cryptocurrencies, data from Jinshi Data showed. The market reaction highlights Nvidia’s growing influence in both technology and crypto sectors as its hardware supports artificial intelligence and blockchain applications.