Nvidia's financial report revenue increased by 265% year-on-year, exceeding expectations! AI concept coins TAO, RNDR, etc. all rise

The global financial market is paying close attention to the latest financial report data of Nvidia, the leader in AI chips. Just after the U.S. stock market closed on the 21st and early this morning (22nd) in Beijing, Nvidia officially announced The fourth quarter financial report showed that its revenue reached US$22.1 billion, higher than analysts’ expectations of US$20.4 billion, with an annual growth rate of 265%. (Adjusted EPS: $5.16, better than the estimate of $4.2)

This data highlights the company’s significant progress in computing and generative artificial intelligence. Nvidia CEO Jensen Huang pointed out that this Data symbolizes the strong global demand for AI technology. According to the financial report, NVIDIA's data center business revenue growth has been particularly significant, with an annual increase of 409%. In addition, NVIDIA has also achieved solid growth in gaming, professional vision and automotive-related businesses.

NVIDIA’s share price soared 9% after the closing session

After the eye-catching financial report data came out, NVIDIA’s share price jumped sharply by 9% to US$735 after the opening bell. The decline in the previous two days has already All will be replenished.

AI concept coins are rising

As artificial intelligence becomes a hot topic, "blockchain AI" has gradually become the focus of investors in the cryptocurrency market. According to Coingecko data, the market value of tokens related to generative AI currently exceeds $16.8 billion, and the top tokens have generally shown an upward trend in the past 24 hours. This shows that investors are optimistic about projects that combine blockchain and artificial intelligence technologies and are optimistic about the development potential of this field. As people's demand for artificial intelligence technology continues to grow, the combination of "blockchain AI" will bring more opportunities and possibilities for future innovation and development. In this emerging field, investors are looking for the top five AI concept coins with

Market capitalization Gains:

TAO: Bittensor’s native token, maintaining

RNDR: Rendering Network ’s utility token, up 7.9%

FET: Fetch.ai’s token, up 6.2%

AKT: Akash Network’s native token, up 11.3%

AGIX : Singularity NET platform token, up 20.5%

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