Nvidia’s shares rose roughly 4% after the company announced better-than-expected earnings in after-hours trading.

Key Highlights:

• Revenue Increase: Nvidia reported a 69% rise in revenue compared to the same quarter last year.
• Data Center Growth: Its data center segment saw a 73% increase year-over-year, driven by high demand for AI chips.
• AI Token Movement: Following the earnings report, AI-related tokens such as Bittensor, NEAR, and ICP experienced slight gains.

The AI leader’s net income totaled $18.8 billion, which is a 26% increase compared to the previous year, contributing to a modest year-to-date gain of its shares.

Despite the positive revenue outlook, Nvidia also cited potential revenue declines in the second quarter due to trade issues between the U.S. and China.