““Blackwell sales are off the charts, and cloud GPUs are sold out,” said Nvidia CEO Jensen Huang.”, — write: www.coindesk.com
The chipmaker topped Wall Street’s expectations for the third quarter, reporting revenue of $57.01 billion — a 62% jump from a year earlier — as the AI investment boom continues to fuel demand for its chips.
“Blackwell sales are off the charts, and cloud GPUs are sold out,” said CEO Jensen Huang. “Compute demand keeps accelerating and compounding across training and inference — each growing exponentially.”
Shares of the company were higher by 4% in after-hours trading at press time.
Data center revenue — arguably the biggest source of income for the firm — landed at $51.2 billion — slightly above analyst forecasts of $49.34 billion.
As for the all-important outlook, NVDA sees fourth quarter revenue of $63.7-$66.3 billion against Street estimates for just $62 billion.
The news for the moment has calmed particularly jittery crypto markets, sending bitcoin BTC$92,297.13 back above $90,000 after having nearly fallen through $88,000 earlier Wednesday. AI-focused crypto tokens like TAO$325.91Near Protocol NEAR$2.3861, ICP$4.9266 and RNDR$2.0051 all rose 4%-5% following the report.
Also on the move are those bitcoin mining stocks that have pivoted to AI infrastructure. These names have been on big runs higher this year, but brutally battered of late on the general tech/crypto selloff combined with fears of an AI bubble. Among the gainers Wednesday evening: IREN (IREN) up 8%, Cipher Mining (CIFR) up 11% and Hut 8 Mining (HUT) up 6%.
The results reinforce Nvidia’s position at the center of the artificial intelligence supply chain. Its GPUs are critical for training large language models, powering data centers, and running machine-learning workloads across big tech companies.
The firm will hold a conference call at 5pm ET as investors are looking for reassurance that the company’s massive bets on AI infrastructure, software tools and next-generation chips are translating into lasting revenue.
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
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With CryptoQuant flagging an exhausted demand wave and Polymarket traders clustering around an 85,000 retest, the market is trading without the catalysts that drove last year’s gains.
- Bitcoin’s market structure is weakening as demand diminishes, with rallies likely stalling below the 365-day moving average.
- Short-term Bitcoin holders are realizing losses rapidly, and derivatives markets are in risk-off mode, signaling potential bearish momentum.
- Bitcoin is trading around $92,000, while Ether is at $3,038, both reflecting a broader defensive market tone.
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