NVIDIA’s Financial Performance Exceeds Expectations, Post-Market Stock Price Surpasses $700! AI-Centric Cryptocurrencies Also Benefit

NVIDIA's Financial Performance Exceeds Expectations, Post-Market Stock Price Surpasses $700! AI-Centric Cryptocurrencies Also Benefit

NVIDIA's Financial Performance Exceeds Expectations, Post-Market Stock Price Surpasses $700! AI-Centric Cryptocurrencies Also Benefit

On the other hand, Nvidia released its fourth-quarter financial report after the market closed on Wednesday. Its fourth-quarter revenue was $22.1 billion, higher than the analysts’ forecast of approximately $20.4 billion. Earnings per share were $5.16, exceeding the average analyst expectation of $4.59 per share. The overall performance was far better than expected.

Furthermore, Nvidia also projected that its first-quarter revenue for the fiscal year 2025 will reach $24 billion. The company stated that the data center and gaming businesses will continue to maintain strong growth momentum. Nvidia’s stock price fell by -2.85% at the close, but after the release of the financial report, the after-hours price immediately surged above $700.

After Nvidia’s financial report announcement, it triggered a surge in AI tokens, including SingularityNet (AGIX), FetchAI (FET), and Render (RNDR), all experiencing significant increases.