Nvidia Earnings to Impact Bitcoin and AI Crypto Markets

Nvidia is scheduled to release its first-quarter fiscal 2027 earnings on May 20, which may have implications for both traditional and cryptocurrency markets.

The company's revenue is expected to reach approximately $78 billion, representing a 77% year-over-year increase. This would mark Nvidia's fourth consecutive record quarter, with data center revenue forecasted to exceed $65 billion.

Nvidia shares are currently trading around $224 after pulling back from last week's record high of just above $236. The post-earnings price range that analysts are watching ranges from $208 on the downside to $233 or $237 on the upside.