Nvidia crushed expectations on Wednesday, reporting fourth-quarter sales topping $68 billion and sending a fresh wave of optimism through tech markets. The blowout results helped ease fears that AI is a speculative bubble, and Nvidia’s shares rose nearly 2% on the day, trading back toward the $200 level. The broader tech sector also rose: Microsoft jumped about 3%, Meta climbed 2.25%, Amazon gained 1%, and Apple added roughly 0.8%—all finishing the session in the green. Nvidia CEO Jensen Huang used the upbeat call to push back on “AI bubble” narratives: “I think the markets got it wrong,” he said, arguing that AI will amplify software use rather than cannibalize it. “Agentic AI will use software tools even more, boosting efficiency,” Huang added—comments that helped settle nerves and put Nvidia firmly in the lead. Market participants who entered positions in February after bullish bets on Nvidia were rewarded as the company exceeded already-high revenue expectations. The strong report has renewed confidence that Nvidia will continue to drive momentum in the software and AI ecosystems, and traders are now eyeing a run past the $200 mark as sentiment improves. For the crypto community, Nvidia’s results are worth watching: sustained GPU demand for AI could tighten supply and affect prices of hardware commonly used by miners and AI-focused blockchain projects. More broadly, clearer conviction around AI infrastructure spending could accelerate investment into Web3 projects that intersect with machine learning and decentralized compute. Bottom line: Nvidia’s stellar quarter helped calm AI bubble fears, boosted the broader tech complex, and has traders anticipating further upside—while crypto observers will be watching how GPU availability and AI-driven capital flows ripple through the ecosystem. Read more AI-generated news on: undefined/news

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