Nvidia reported stronger-than-expected earnings for the second quarter, posting revenue of $46.7 billion, a 56% year-over-year increase. Although Nvidia's shares fell by 1.7% in after-hours trading, Bitcoin, Ethereum, and XRP initially reacted with volatility but ultimately showed little net movement after the earnings report. The slight miss in data center revenue, which was $41.1 billion against expectations of $41.29 billion, contributed to the decline in stock price. AI-linked crypto tokens remained stable, reflecting minimal reaction to Nvidia’s performance. Analysts are anticipating Nvidia's upcoming earnings call for insights on chip orders from major clients like Microsoft, Meta, and Amazon, and updates regarding advanced chip development for the Chinese market, affected by U.S. export restrictions. Despite the earnings beat, the broader cryptocurrency market remained relatively unchanged, indicating a limited correlation between Nvidia's financial performance and crypto valuations at that moment.

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