Nvidia’s Tepid Outlook Pressures Stock — AI-Linked Cryptos Plunge in Response
TradingKey – On Thursday, August 28, shares of AI chipmaker Nvidia (NVDA) fell 3.14% to $175.90, following a lukewarm earnings outlook that disappointed investors.
Nvidia Stock Chart – Source: Google
The pullback triggered a sharp decline across AI-linked cryptocurrencies, with:
- WayFinder (PROMPT) plunging over 7% to $0.21
- Worldcoin (WLD) down nearly 2%, trading at $0.93
- Fetch.AI (FET) slipping 0.63% to $0.64
In its post-market earnings release, Nvidia reported Q2 FY2026 revenue of $46.7 billion, slightly above Wall Street’s estimate of $46.0 billion. However, its Q3 guidance of $54.0 billion, while technically ahead of consensus ($53.46 billion), failed to impress investors amid concerns that the pace of AI infrastructure spending may be slowing.
Analysts noted that while Nvidia’s data center revenue remains strong, the company’s growth rate is decelerating after a two-year boom. The muted reaction reflects broader market anxiety about whether AI-related capital expenditures can sustain their current trajectory.
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