Bitcoin mining stocks rise as Nvidia results lift AI sector

Bitcoin mining stocks moved higher on Thursday as Nvidia’s stronger-than-expected quarterly results added momentum to Bitcoin miner-turned AI factory equities. IREN (Nasdaq: IREN) rose 9%, TeraWulf (Nasdaq: WULF) rose 9%, Core Scientific (Nasdaq: CORZ) gained 5%, and Cipher Mining (Nasdaq: CIFR) advanced 13% during the morning trading hours. Bitcoin fell 1% over the past 24 hours. Nvidia reported Q3 revenue growth of 62%, its first acceleration in seven quarters. The chipmaker’s results added roughly $300 ...