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Cryptocurrency News Articles
AI Crypto Tokens Lead Market Gains Ahead of Nvidia's Q4 FY2025 Earnings Report
Feb 27, 2025 at 03:17 am
AI crypto tokens posted strong gains on Wednesday, with several recording double-digit increases ahead of Nvidia's Q4 FY2025 earnings report.
AI crypto tokens posted strong gains on Wednesday, with several recording double-digit increases ahead of Nvidia’s (NASDAQ:NVDA) Q4 FY2025 earnings report at 2:00 p.m. ET.
The technology giant’s financial performance is closely followed due to its role in the rapid development of artificial intelligence, which has also sparked interest in related crypto tokens.
Among the best performers were Story (IP), which surged more than 35%, followed by AI Rig Complex (ARC) with a 25% gain. Livepeer (LPT) and aixbt by Virtuals (AIXBT) also posted double-digit gains of 15% and 11%, respectively.
Moreover, Near Protocol (NEAR), SingularityNET (AGIX), Internet Computer (ICP), and Render (RNDR) showed single-digit increases.
One widely followed account on X, formerly Twitter, highlighted the momentum in AI-related cryptocurrencies.
“The crypto market rebounded today, with AI-related tokens leading the way. Will NVIDIA’s earnings push AI tokens even higher?” the post added.
Nvidia’s Q4 FY2025 earnings report is expected to show revenue of $38.32 billion, reflecting a 73% increase year-over-year (YoY). This surpasses previous guidance of $37.5 billion and follows an outstanding Q3, which saw Nvidia smash expectations.
Analysts also project net income of $21.08 billion, up from $12.84 billion a year ago. Nvidia’s data center business and strong demand for its technology to power AI are key drivers of the anticipated revenue growth.
Traders will be closely watching how AI crypto tokens respond to Nvidia’s financial performance.
Earlier this month, an X user pointed out the correlation between Nvidia’s earnings and AI-related crypto assets in past market trends.
“If Nvidia earnings are good, AI coins are going to put in god candles. If Nvidia misses, prepare for another leg down,” the user noted.
However, there is uncertainty surrounding improvements in AI efficiency, which could reduce the reliance on Nvidia’s high-end chips. Any indication of weaker demand may have implications for AI-related assets, including crypto tokens.
Nvidia stock has declined 15% from its January highs despite the positive earnings outlook.
Recently, reports have surfaced that DeepSeek, a Chinese research lab, is making significant progress in developing large language models with lower requirements for computing power. This development could impact the future demand for Nvidia’s chips.
Despite the recent stock downturn, investor sentiment remains bullish. Seventeen out of eighteen analysts rate Nvidia as a “buy,” with a price target of $175. This suggests a 38% upside potential from its current level of $126.50.
Nvidia remains a dominant player in AI and GPU technology, making its stock a key indicator for the performance of AI crypto tokens.
The company’s Blackwell platform and integration with Layer 1 blockchains are also monitored by traders interested in the broader crypto market cap, which saw a decrease of nearly 3% over 24 hours.
The post 4 AI crypto tokens surge 15%+ as Nvidia prepares for Q4 earnings appeared first on CoinChapter.
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