

AI tech giant Nvidia reclaimed its position as the world's largest company, with its shares climbing by 2.84%, surpassing major tech competitors Apple and Microsoft.
Artificial Intelligence (AI) tokens, such as FET, TAO, RENDER, and NEAR, experienced substantial gains on Monday, coinciding with the announcement of Nvidia surpassing Apple in market valuation. These tokens recorded double-digit increases in response to this news.
According to recent updates, AI tech giant Nvidia has regained its position as the world's largest company, with its shares witnessing a rise of 2.84%. This surge propelled Nvidia past major tech rivals Apple and Microsoft in terms of market valuation.
At the time of writing, Nvidia's market cap stood at $3.43 trillion, compared to Apple's $3.38 trillion and Microsoft's $3.06 trillion.
This year, Nvidia stock has seen a remarkable surge of over 190%, nearly tripling on the strength of rapid sales growth and continued investment in generative AI and accelerated computing technologies. According to data from Google Finance, Nvidia stock rose over 9.5% in the past month, currently trading at $139.91.
Nvidia's success is largely attributed to its role as the backbone of the AI revolution, particularly with its advanced GPUs, such as the H100 and upcoming H200 series, powering machine learning and generative AI applications across industries. These GPUs have become essential infrastructure for AI training, making Nvidia indispensable to tech companies and institutions investing in AI.
Following Nvidia's latest achievement, several AI-focused cryptocurrencies surged, mirroring a recurring trend where major developments involving the chip maker sparked bullish rallies in the AI-crypto market.
As previously reported by crypto.news, several of these tokens posted gains in September after Nvidia announced a partnership with Chinese tech giant Alibaba Cloud. Similarly, Clore AI, a blockchain-based project aiming to capture the GPU leasing market, was seen riding the Nvidia rally earlier this month.
This time, FET, the native token of the Artificial Superintelligence Alliance, saw a surge of 21.8% over the past day, reversing seven days of declining prices and boosting its market cap to $3.65 billion.
Bittensor (TAO), a decentralized AI platform, surged 19.4%, returning to price levels last seen on Oct. 30, with its market cap reaching a valuation of $3.76 billion. Other AI tokens such as Render (RENDER), NEAR Protocol (NEAR), The Graph (GRT), and Akash Network (AKT) saw gains of 13.6%, 13.8%, 11.6% and 9.5% respectively.
According to data from CoinGecko, the recent surge in AI tokens pushed their total market cap to $28.5 billion, up 16.8% over the previous day.
As Nvidia is set to hit a major milestone by replacing Intel in the Dow Jones Industrial Average on Nov. 8, ending the rival chip manufacturer's 25-year run on the stock market index, AI crypto tokens could be looking at more gains.
Moreover, Bitcoin's (BTC) recent all-time high of $75,358 has injected fresh momentum into the crypto market, amplifying gains across AI-focused tokens and bolstering the sector's upward trajectory.
The above is the detailed content of AI Tokens FET, TAO, RENDER, and NEAR Recorded Double-Digit Gains as NVidia Surpassed Apple in Market Valuation. For more information, please follow other related articles on the PHP Chinese website!

Fetch.ai (FET) has caught the attention of traders and investors recently, with its price experiencing a strong upward movement. Over the past few days, FET has seen some increase in value.

BlockDAG stands as a titan in the Layer 1 blockchain arena, having cultivated an impressive community of over 160,000 holders spanning 30 countries.

Over the past week, the crypto market has experienced an explosive upsurge with Bitcoin [BTC] hitting a new ATH of $81k.

AI crypto coins are surging, with the sector's market capitalization rising nearly 7% on Tuesday. Tokens like Artificial Superintelligence Alliance (FET) and Bittensor (TAO) are leading the rally, posting double-digit gains.

These tokens show strong signs of significant upward momentum, and investors are keenly observing their performance to determine which offers the best

Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that he's accumulating Artificial Superintelligence Alliance (FET).

With a $3.544 billion market cap, Artificial Superintelligence, or FET, maintains a significant dominance in the crypto-AI segment.
![Artificial Superintelligence Alliance [FET] Token Might Turn Bullish Again If This Condition Is Met](https://img.php.cn/upload/article/000/887/227/172545512024644.jpg)
Artificial Superintelligence Alliance [FET] bears have been controlling the token's price as it witnessed major price corrections.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

SublimeText3 English version
Recommended: Win version, supports code prompts!

Safe Exam Browser
Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.

Zend Studio 13.0.1
Powerful PHP integrated development environment

DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),
