- Nvidia CEO Jensen Huang calls AI megatrend unstoppable after Q1 fiscal 2026 profit surge to $26.3B data center revenue.
- Bitcoin rises 2.3% to $75,764 USD as of October 10, 2024, per CoinGecko.
- Fear & Greed Index at 33 signals fear despite crypto gains and ETF inflows.
Nvidia Corp. CEO Jensen Huang called the AI megatrend unstoppable during the Q1 fiscal 2026 earnings call on August 28, 2025, per Nvidia's official release. Data center revenue rose 122% year-over-year to $26.3 billion USD, Nvidia CFO Colette Kress reported. Bitcoin rose 2.3% to $75,764 USD as of October 10, 2024, 14:00 UTC, according to CoinGecko.
Ethereum rose 1.9% to $2,313.80 USD. XRP gained 1.9% to $1.43 USD. BNB increased 1.8% to $629.98 USD. Alternative.me's Fear & Greed Index registered 33, signaling fear, on October 10, 2024.
AI Megatrend Drives Nvidia Data Center Revenue
Nvidia CEO Jensen Huang emphasized sustained AI megatrend demand from hyperscalers during the earnings call. Amazon Web Services, Microsoft Azure, and Google Cloud expanded Nvidia H100 GPU clusters, per Huang's remarks. Nvidia's CUDA platform enables AI developers to build models efficiently.
Q1 fiscal 2026 results showed data center sales at $26.3 billion USD, up from $22.6 billion USD prior quarter, Nvidia CFO Colette Kress stated in the release dated August 28, 2025. AMD's MI300X accelerators compete, but Nvidia holds 80-90% market share, per Huang.
Crypto Markets React to Nvidia AI Momentum
Bitcoin's 2.3% gain to $75,764 USD tracked broader tech optimism post-Nvidia earnings. Ethereum rose 1.9% to $2,313.80 USD. USDT stablecoin held at 1.00 USD.
- Asset: BTC · Price (USD): 75,764.00 · 24h Change: +2.3% · Market Cap (USD): 1.50 trillion
- Asset: ETH · Price (USD): 2,313.80 · 24h Change: +1.9% · Market Cap (USD): 278 billion
- Asset: USDT · Price (USD): 1.00 · 24h Change: 0.0% · Market Cap (USD): 119 billion
- Asset: XRP · Price (USD): 1.43 · 24h Change: +1.9% · Market Cap (USD): 82 billion
- Asset: BNB · Price (USD): 629.98 · 24h Change: +1.8% · Market Cap (USD): 91 billion
CoinGecko data as of October 10, 2024, 14:00 UTC, confirms price shifts and on-chain volume up 15% daily.
Fear & Greed Index Signals Caution Amid Gains
Alternative.me's Fear & Greed Index hit 33 on October 10, 2024, reflecting market fear despite crypto advances. Institutional inflows continued via BlackRock's IBIT ETF, which saw $500 million USD net inflows last week, per ETF.com data.
Fidelity and Grayscale expanded Bitcoin exposure. Spot Bitcoin ETFs, approved January 10, 2024 by SEC Chair Gary Gensler, hold $60 billion USD AUM. Ethereum ETFs launched July 23, 2024, added $10 billion USD inflows.
EU MiCA rules activate January 2026, per European Securities and Markets Authority guidelines. Venture capital poured $5.2 billion USD into AI-crypto projects in Q3 2024, PitchBook reported.
Nvidia GPUs Dominate AI Training Infrastructure
Nvidia H100 and A100 GPUs power parallel processing for large language models with trillions of parameters. CEO Jensen Huang noted Blackwell B200 chips ramping production for Q2 deliveries. TSMC manufactures at 4nm process in Taiwan.
TensorRT software cuts inference latency by 50%, per Nvidia benchmarks. Developers pull models from Hugging Face, integrated with Nvidia NGC catalog. Data centers guzzle 100 MW+ power, prompting efficiency pushes.
Future AI Megatrend Investments Ahead
Nvidia pushes Omniverse platform for AI digital twins in manufacturing. EU AI Act enforcement starts August 2026, per regulation text. Crypto AI projects on Solana and Ethereum raised $1 billion USD YTD, per Messari.
Next Nvidia earnings on November 20, 2025, will update AI megatrend data center trends, Huang forecasted. Hyperscalers plan further GPU expansions into 2026, per Huang.
Frequently Asked Questions
What did Nvidia CEO Jensen Huang say about AI?
Huang called the AI megatrend unstoppable in Q1 fiscal 2026 earnings call on August 28, 2025, per Nvidia's release.
How did crypto prices react to Nvidia news?
Bitcoin rose 2.3% to $75,764 USD and Ethereum 1.9% to $2,313.80 USD as of October 10, 2024, 14:00 UTC, per CoinGecko.
What is the Fear & Greed Index reading?
Alternative.me's index stood at 33 on October 10, 2024, indicating fear.
What drives Nvidia's profits?
Data center GPU sales for AI megatrend hit $26.3 billion USD in Q1 fiscal 2026, per CFO Colette Kress.
