{"id":81288,"date":"2026-05-21T10:07:27","date_gmt":"2026-05-21T03:07:27","guid":{"rendered":"https:\/\/hbbgroup.net\/bitcoin-miners-tied-to-ai-rise-as-nvidia-posts-big-earnings-beat-and-strong-outlook\/"},"modified":"2026-05-21T10:07:27","modified_gmt":"2026-05-21T03:07:27","slug":"bitcoin-miners-tied-to-ai-rise-as-nvidia-posts-big-earnings-beat-and-strong-outlook","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/bitcoin-miners-tied-to-ai-rise-as-nvidia-posts-big-earnings-beat-and-strong-outlook\/","title":{"rendered":"Bitcoin miners tied to AI rise as Nvidia posts big earnings beat and strong outlook"},"content":{"rendered":"
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Nvidia’s stronger-than-expected results and bullish AI outlook lifted crypto mining stocks tied to data center and high-performance computing demand, even as the chipmaker’s shares fell due to growth concerns. <\/h2>\n

May 20, 2026, 10:22 p.m. <\/span>3 min read<\/span><\/p>\n

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Nvidia (NVDA) posted<\/a> another blockbuster quarter on Wednesday, as demand for artificial intelligence infrastructure pushed revenue, profit and cash flow to record levels.<\/p>\n

The chipmaker reported first-quarter revenue of $81.62 billion, up 85% from $44.06 billion a year earlier and above Wall Street estimates of $78.9 billion, according to FactSet data. Adjusted earnings came in at $1.87 per share, beating analyst expectations of $1.76 per share. The company also gave stronger-than-expected guidance for the current quarter, forecasting revenue of roughly $91 billion.<\/p>\n

Meanwhile, the company also moved to return more cash to shareholders. Nvidia\u2019s board authorized an additional $80 billion in stock buybacks and raised the quarterly dividend to 25 cents per share from 1 cent previously.<\/p>\n

However, despite the beats, positive outlook and shareholder returns, the stock was down about 1.5% at the time of publication. Investors were likely looking beyond the quarter and into the potential challenges in growth opportunities for Nvidia as competition for AI chips continued to grow. <\/p>\n

Bitcoin miners with exposure to AI and high-performance computing infrastructure traded modestly higher following Nvidia\u2019s earnings report. Shares of Core Scientific (CORZ) and Cipher Mining (CIFR) each rose slightly in after-hours trading as investors continued to view some miners as potential beneficiaries of growing demand for data centers, power capacity and AI computing infrastructure. IREN (IREN), which rose initially, is down about a percent.<\/p>\n

\u201cThe buildout of AI factories \u2014 the largest infrastructure expansion in human history \u2014 is accelerating at extraordinary speed,\u201d CEO Jensen Huang said in a statement. \u201cAgentic AI has arrived, doing productive work, generating real value and scaling rapidly across companies and industries,\u201d he added.<\/p>\n

Data center growth<\/h2>\n

Specifically for bitcoin miners moving towards the data center business, there was some positive news in the chipmaker’s earnings. <\/p>\n

Nvidia\u2019s Data Center business continued to drive growth as cloud providers, enterprises and governments expanded spending on AI infrastructure powered by the company\u2019s chips.<\/p>\n

Hyperscalers generated more than half of Nvidia\u2019s $75 billion in Data Center revenue during the quarter, reaching roughly $38 billion and rising 12% from the previous quarter, CFO Colette Kress said on the company\u2019s earnings call. <\/p>\n

The remaining $37 billion came from a segment Nvidia now calls ACIE, which includes AI cloud providers, industrial customers and enterprise markets. Kress said AI cloud revenue more than tripled from a year earlier, as Nvidia helped rapidly expand AI computing capacity across more than 80 data centers with capacities of more than 10 megawatts.<\/p>\n

Kress added that spending on AI infrastructure continues to accelerate, and demand for Nvidia\u2019s computing systems remains strong. She also said Nvidia expects to generate $20 billion in CPU revenue this year.<\/p>\n

Nvidia said its outlook does not assume any Data Center compute revenue from China, where U.S. export restrictions have limited sales of advanced AI chips.<\/p>\n

Investors have closely watched Nvidia\u2019s earnings for signs that spending on AI infrastructure remains strong despite growing questions about how quickly companies will turn those investments into profits.<\/p>\n

So far, Nvidia\u2019s results suggest demand continues to outpace expectations, which might be positive for data center providers. <\/p>\n<\/div>\n

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AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to <\/span>our standards<\/a>. For more information, see <\/span>CoinDesk’s full AI Policy<\/a>.<\/p>\n<\/div>\n

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