Nvidia’s Big Numbers Push AI Coins Higher

AI‑focused coins surged late on Wednesday after Nvidia posted a record quarterly haul and saw its data‑center sales hit new highs. The top performer was NEAR, the token that fuels the AI‑ready blockchain NEAR Protocol, which leapt more than 16 %. FET, a collaborative AI token, climbed 8. 20 %, while Render Network’s coin rose 7. 60 %. Render rents idle GPU power to creators and AI tools, a service that saw growing demand. Bittensor’s TAO token, the largest AI coin by market cap, also gained 7 %. These gains came as Nvidia announced a fourth‑quarter revenue of $68. 13 billion, topping analyst forecasts and beating earnings expectations. The company’s data‑center revenue also set a new quarterly record.Because Nvidia is viewed as a bellwether for AI enthusiasm, better‑than‑expected results often lift AI assets. The pattern has played out before, with Nvidia’s performance sparking rallies for AI‑related tokens. Nvidia stock edged up 0. 18 % in after‑hours trading, following a 1. 41 % rise to $195. 56 during the day. Benzinga’s Edge Stock Rankings note Nvidia’s solid short‑, medium‑ and long‑term trends, along with strong growth and quality scores. The market’s reaction shows that corporate earnings can ripple through the crypto space, especially when they signal robust demand for AI infrastructure. Investors watching AI coins may look to Nvidia’s numbers as a gauge of future momentum.