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Nvidia shares rose 8% after an earnings beat and strong outlook, lifting technology stocks, AI infrastructure companies and bitcoin, CoinDesk reported. NVDA and BTC were among the assets at the center of the market reaction.
Nvidia shares surged in after-hours trading after the chipmaker reported record quarterly revenue of $96.2 billion. The company also disclosed $366 billion in future commitments and up to $108.5 billion in guarantee exposure.
Nvidia shares rose after the company reported fiscal second-quarter results above estimates and guided for $108 billion in revenue in the next quarter, CoinDesk reported.
