Nvidia reported strong financial results for the first quarter of 2026 for the period ended April 27, 2025, which led to a 4.8% increase in its shares in after-hours trading.
The chipmaker reported revenue of $44.1 billion, up 69% year-on-year, and net income of $18.7 billion, up 26% from last year.
The data center division led the way with $39.1 billion, or 88% of total revenue. Gross margin was 61%, but would have reached 71.3% had it not been for $4.5 billion in expenses related to restrictions on exports of H20 products to China. This also reduced earnings per share from the forecast $0.96 to $0.81.
CEO Jensen Huang said global demand for artificial intelligence infrastructure is accelerating, with AI token generation increasing tenfold in a year. He compared AI computing to vital infrastructure comparable to electricity or the internet.
The news had little effect on AI tokens. The sector’s market capitalization rose only 0.6%, according to CoinGecko. NEAR and FET rose more than 5%, while GRASS fell 5.7%.
The cautious reaction follows a broader cooling off after Nvidia’s key announcement at GTC earlier this year.
According to a report by Barron’s, the Ohio Public Employees Retirement System (OPERS) made notable adjustments to its portfolio in Q2 2025, significantly increasing exposure to Palantir and Strategy while cutting back on Lyft.
As crypto markets gain momentum heading into the second half of 2025, a series of pivotal regulatory and macroeconomic events are poised to shape sentiment, liquidity, and price action across the space.
In a recent interview with Bankless, Tether CEO Paolo Ardoino shed light on the growing adoption of stablecoins like USDT, linking their rise to global economic instability and shifting generational dynamics.
In a statement that marks a major policy shift, U.S. Treasury Secretary Scott Bessent confirmed that blockchain technologies will play a central role in the future of American payments, with the U.S. dollar officially moving “onchain.”