On the other hand, Nvidia released its fourth-quarter financial report after the market closed on Wednesday. The company’s fourth-quarter revenue reached $22.1 billion, surpassing analysts’ expectations of around $20.4 billion. Earnings per share were $5.16, exceeding the average analyst expectation of $4.59 per share. Overall, the performance was much better than expected.
In addition, Nvidia also expects its revenue for the first quarter of its 2025 fiscal year to reach $24 billion. The company stated that its 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 financial report was announced after-hours, the stock price immediately surged past $700.
Following the release of Nvidia’s financial report, it led to a surge in AI tokens, including SingularityNet (AGIX), FetchAI (FET), and Render (RNDR), all experiencing significant increases.
