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AI-Linked Crypto Tokens Surge After Nvidia Sees 'Tipping Point'

Giant chipmaker Nvidia (NVDA) beat its already lofty fourth-quarter earnings expectations, boosting the broader equity markets and artificial intelligence (AI) - related tokens. Nvidia said on Wednesday that its fourth-quarter earnings per share were $5.16, beating the average analyst estimate of $4.59 per share, according to FactSet data. The chipmaker also posted revenue of $22.1 billion, which came in higher than Wall Street's expectation of $20.4 billion. AI Tokens surged after Nvidia's earnings. SingularityNet {{AGIX}} was up over 20%, while FetchAI's {{FET}} is up over 10%, and Render's {{RNDR}} is up 8%. The shares of the chipmaker rose more than 7% in post-market trading on Wednesday.

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