front pageCryptocurrencyUpcoming Nvidia Earnings: Keep an Eye on Top AI Crypto Tokens

Upcoming Nvidia Earnings: Keep an Eye on Top AI Crypto Tokens

Published on

spot_img

Nvidia’s first quarter earnings report will be released after Wall Street closes on May 22, which will likely have an impact on both the crypto artificial intelligence (AI) token market and the traditional technology market. According to Yahoo Finance, Wall Street expects Nvidia’s revenue to grow by $200% and its profit to grow by $400%, driven by the AI boom. As Nvidia’s chips are driving the growth of AI, the company’s financial performance could have a significant impact on AI-focused cryptocurrencies. Investors are eager to see how these earnings will affect tokens related to AI progress and the wider adoption of AI technology. Here are three AI cryptocurrencies that could be most affected by Nvidia’s earnings report.

1. The Graph (GRT)
The Graph is an indexing protocol for querying blockchain networks, especially Ethereum. Nvidia’s performance could affect the price of The Graph’s GRT token, as the demand for efficient data retrieval and AI-optimized indexing increases with the advancement of AI technology. Increased investment in AI by tech giants could boost the adoption and utility of The Graph, driving its value up.

2. Fetch.ai (FET)
Fetch.ai combines artificial intelligence with blockchain to enable autonomous agents for data sharing and resource management. Nvidia's growth, driven by AI chip sales, highlights the expanding AI ecosystem, which may benefit Fetch.ai by enhancing the development and deployment of AI-driven applications. In addition, due to Nvidia's leading position in AI infrastructure, Fetch.ai's reliance on advanced AI capabilities makes it very sensitive to Nvidia's earnings report.

3. SingularityNET (AGIX)
SingularityNET allows AI developers to share and monetize their AI technology. Nvidia's progress in AI hardware is likely to accelerate the capabilities and reach of AI services on SingularityNET. In addition, the platform's success depends on powerful AI hardware. This makes Nvidia's earnings and continued innovation critical to the growth of SingularityNET and the broader AI market.

These are the three AI cryptocurrencies that could be most impacted by Nvidia’s earnings report.

Latest Articles

民主党在参议院投票前几天拖延稳定币法案

九名参议院民主党人撤回对稳定币法案的支持5月3日,九名参议院民主党人在立法预计进行表决前撤回了对稳定币法案的支持。这些立法者表示,除非解决主要政策问题,否则他们将反对当前形式的稳定币法案。他们的反对针...

Vitalik Buterin推动将以太坊简化至比特币的计划

Vitalik Buterin提出新计划简化以太坊协议 Vitalik Buterin在2025年5月3日发布的博客文章《简化L1》中提出了一个新计划,旨在简化以太坊协议。他表示,以太坊应当力争...

Cardano (ADA) 目标突破 $1.03,ETF 批准概率达到 75%

2025年5月2日,Cardano在日线图上形成经典的头肩顶形态。头肩顶是一种反转形态,显示出三个峰:左肩,一个较高的头,以及一个较低的右肩,所有峰都位于一个水平或略微倾斜的颈线之上。当价格突破这一颈...

XRP价格可能在近期出现70%涨幅的三个原因

NOIDA (CoinChapter.com) — XRP继续在2025年挑战市场预期,尽管替代币普遍波动,仍保持其上升轨迹。年初,XRP的价格略高于2美元,1月份该代币飙升70%,达到3.4美元的局...

More Articles

民主党在参议院投票前几天拖延稳定币法案

九名参议院民主党人撤回对稳定币法案的支持5月3日,九名参议院民主党人在立法预计进行表决前撤回了对稳定币法案的支持。这些立法者表示,除非解决主要政策问题,否则他们将反对当前形式的稳定币法案。他们的反对针...

Vitalik Buterin推动将以太坊简化至比特币的计划

Vitalik Buterin提出新计划简化以太坊协议 Vitalik Buterin在2025年5月3日发布的博客文章《简化L1》中提出了一个新计划,旨在简化以太坊协议。他表示,以太坊应当力争...

Cardano (ADA) 目标突破 $1.03,ETF 批准概率达到 75%

2025年5月2日,Cardano在日线图上形成经典的头肩顶形态。头肩顶是一种反转形态,显示出三个峰:左肩,一个较高的头,以及一个较低的右肩,所有峰都位于一个水平或略微倾斜的颈线之上。当价格突破这一颈...
en_GBEnglish