Nvidia quarterly figures are coming: Do these 5 AI coins benefit?

In this article you will learn:

  • How much Nvidia shares have recently increased in value
  • How AI tokens performed after Nvidia’s latest earnings report
  • Which cryptocurrencies could rise now
  • Why investors should remain cautious

Hardly any company on the stock market has recently attracted as much attention as the chip company Nvidia. The hype surrounding AI computing means that the US company’s course can no longer be stopped. Since October 2022, the value per share has risen from a good $100 to currently around $950. The return is convincing.

This corresponds to an increase of around 770 percent. No other stock among the so-called “Magnificent Seven”, which also includes Microsoft, Apple, Amazon, Google, Meta and Tesla, can come close to these figures.

Shortly before Nvidia announces its results for the first quarter of 2024 this Wednesday, there is great euphoria among investors. The share is currently trading near its all-time high. However, the fresh figures are not only eagerly awaited by investors on the stock market.

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