AI Coins Sector Surges by Over 3%, Following Nvidia’s Record 2024 Report
Nvidia posted record quarterly revenue, Data Center revenue, and full year revenue for 2024
Key Points
- The AI coins sector is surging significantly today, following Nvidia’s record data.
- Top AI gainers surged between 124% and 60% today.
Today, the digital assets in the AI sector recorded a significant surge after Nvidia posted excellent data for 2024.
AI Coins Sector, Up by Over 3%
The overall AI coins sector surged by 3.1% today, surpassing $29,6 billion in market cap, according to data from CoinGecko.
Also, the 24-hour trading volume surpassed $6,82 billion, with top gainers such as Paperclip AI seeing a surge of over 124% and Alchemist AI, surging by 67%. CARV also recorded a significant surge of almost 57%.
KAITO is trending today on CoinGecko with a surge of over 50%, together with SHELL and IP.
Binance announced the SHELL listing earlier today, adding the project to HODLer Airdrops as well.
CoinGeckoOther important AI coins such as GRASS and AI16Z recorded significant surges today of over 18% and 9.5% respectively.
CoinGeckoToday’s significant surge in the AI coins sector comes after Nvidia posted remarkable results for 2024.
Nvidia’s Record Data for 2024
In an official report dated February 26, Nvidia posted record fiscal numbers for 2024. The data includes the following:
- Record Q4 2024 revenue of $39.3 billion, up by 12% from Q3, and up by 78% from a year ago.
- Record quarterly Data Center revenue of $35.6 billion, up by 16% from Q3 and up by 93% from a year ago.
- Record full-year revenue of $130.5 billion, up by 114% from a year ago.
Nvidia’s outlook for Q1 2026 includes a surge in revenue to around $43 billion, according to the official notes . Also, GAAP and non-GAAP margins are expected to be between 70.6% and 71%, approximately.
Nvidia achieved progress since its previous earnings announcement in the following areas:
- Data Center
- Gaming and AI PC
- Professional Vizualization
- Automotive and Robotics
Nvidia revealed its great results amidst a global battle in AI and following the launch of DeepSeek – the open-source reasoning model that surpassed ChatGPT as the top-raking app on the App Store in January.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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