Huang Reinforces Nvidia’s Role, Pushing AI Cryptocurrencies upwards

TheNewsCryptoPublished on 2026-03-17Last updated on 2026-03-17

Abstract

Nvidia CEO Jensen Huang's keynote at CES 2026 emphasized the company's pivotal role in the expanding artificial intelligence industry, projecting a $1 trillion chip demand through 2027. This announcement boosted Nvidia's stock by 1.63% and positively influenced AI-related cryptocurrencies. Tokens such as FOMO, LISA, and AIN saw significant gains, rising over 30%, while major AI cryptocurrencies like TAO and NEAR also advanced. The broader crypto market rally, including Bitcoin and Ethereum, further supported the upward trend. Additionally, Nvidia's collaboration with Samsung on the Groq LP30 chip, expected to ship in late 2026, was highlighted.

Nvidia CEO Jensen Huang took the stage and outlined that the company is well-positioned to lead the boom in the AI sector. This led to a surge in NVDA share value and a similar uptick across the segment of AI cryptocurrencies. The projected chip demand through 2027 stands at $1 trillion.

Role of Nvidia, by CEO Jensen Huang

Jensen Huang, at CES 2026, delivered a keynote and underlined that the role of Nvidia could be crucial as the Artificial Intelligence (AI) industry aims to grow further. He has estimated that the chip demand backlog worth approximately $1 trillion could be recorded in the next 2 years.

He acknowledged the growth of agentic AI systems while shedding light on the fact that Nvidia is well-equipped to adapt to the dynamic environment. Nvidia CEO quoted the enterprise-ready version, NemoClaw, as an example.

Notably, the values of NVDA shares also surged following his keynote delivery. The company’s share was last seen trading at $183.19, up by 1.63%. Although a slight correction is expected.

For a quick reference, Samsung and Nvidia are also reportedly working in collaboration for the Groq LP30 chip. Huang informed that the chips were in production and scheduled to be shipped as early as the second half of 2026.

AI Cryptocurrencies Note Upticks

AI cryptocurrencies have recorded significant gains in the last 24 hours. Some of the top gainers, at the moment, are FOMO (+64.57%), LISA (+46.67%), and AIN (+31.47%). TAO and NEAR have retained the top positions in terms of the market cap. They have gained 2.89% and 4.16%, respectively, during the same timeline.

ICP stands out with a correction of 0.30%. Most of the other AI cryptocurrencies show a positive sign of recovery. FET added 12.83%, and VIRTUAL followed closely with a jump of 12.82%. The collective market cap is up by 2.22% at the time of writing this article, when the trading volume is up by 16.83%.

Possible Factor

One factor that could possibly be adding fuel to the ongoing surge for AI cryptocurrencies is the general bull run across the crypto market. This includes the likes of BTC, ETH, and SOL, among many others.

BTC has gained 1.22%, ETH is up by 3.50%, and SOL has surged by 1.06%. The sentiment has likely extended to every crypto category, including AI and meme.

Highlighted Crypto News Today:

U.S., U.K., and Canada Launch Operation Atlantic to Crack Down on Crypto Scams

TagsAIAI CRYPTONVIDIA

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
aPrioriAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
velodrome
Velodrome FinanceVELODROME
brev
BrevisBREV
cake
PancakeSwapCAKE
jst
JUSTJST

Related Questions

QWhat did Nvidia CEO Jensen Huang announce at CES 2026 that impacted the company's stock and AI cryptocurrencies?

AJensen Huang announced that Nvidia is well-positioned to lead the AI boom, highlighting a projected chip demand of $1 trillion through 2027 and mentioning the enterprise-ready AI system NemoClaw, which led to a surge in NVDA shares and AI cryptocurrencies.

QWhat was the performance of NVDA shares following Jensen Huang's keynote at CES 2026?

ANVDA shares surged by 1.63% to $183.19, following Jensen Huang's keynote, although a slight correction was expected.

QWhich AI cryptocurrencies were among the top gainers in the 24 hours following the announcement?

AThe top gainers among AI cryptocurrencies were FOMO (+64.57%), LISA (+46.67%), and AIN (+31.47%). TAO and NEAR also gained 2.89% and 4.16% respectively, retaining top positions by market cap.

QWhat broader market factor is suggested to be contributing to the surge in AI cryptocurrencies?

AThe general bull run across the crypto market, including gains in major cryptocurrencies like BTC (+1.22%), ETH (+3.50%), and SOL (+1.06%), is suggested as a factor fueling the surge in AI cryptocurrencies.

QWhat collaboration did Jensen Huang mention regarding chip production?

AJensen Huang mentioned that Samsung and Nvidia are collaborating on the Groq LP30 chip, which is in production and scheduled to be shipped as early as the second half of 2026.

Related Reads

Bank of Italy Finds No Systemic Advantages of Stablecoins in Transfers

A study by the Bank of Italy found that stablecoins do not offer a consistent advantage in cost or speed for cross-border money transfers. The research compared sending 200 USDC in 10 bilateral corridors (Italy to Brazil, Argentina, Japan, UAE, and South Africa) against standard money transfer services. While the final cost of stablecoin transfers ranged from 0.3% to nearly 9%, and were often cheaper than the global average cost of 6.65%, they only outperformed services like Wise in three out of seven comparable corridors. Key costs and delays were attributed to fees for converting to and from fiat currency and the quality of local payment infrastructure, not blockchain fees. Transfer times varied from under 20 minutes in corridors with instant payment systems to one or two business days where such infrastructure was lacking. The authors concluded that stablecoins' benefits would be more significant if they could be spent directly without conversion and noted that overly restrictive regulations complicate retail use without eliminating demand.

cryptonews.ru4m ago

Bank of Italy Finds No Systemic Advantages of Stablecoins in Transfers

cryptonews.ru4m ago

Bitcoin Chart Pattern 'Head and Shoulders' Promises a Rise to $67,200

Bitcoin price action is forming a potential bullish reversal pattern. Currently trading around $63,200, BTC is shaping the right shoulder of an inverse head-and-shoulders formation. Analysts note this pattern is the primary reason for short-term bullish optimism, targeting a key breakout toward $67,200. However, market dynamics show a rotation of liquidity into Ethereum. The ETH/BTC pair has already broken upward, with ETH establishing an uptrend and targeting 0.0312. Against the US dollar, ETH is testing support near $1,875, with a path to $2,163 if it holds. This relative strength in ETH signals overall market positivity but drains volume from Bitcoin. The near-term outlook for BTC hinges on a decisive breakout above the pattern's neckline. Failure to do so could see bears push prices toward support levels at $60,000 and $58,000.

cryptonews.ru6m ago

Bitcoin Chart Pattern 'Head and Shoulders' Promises a Rise to $67,200

cryptonews.ru6m ago

Bitcoin Boom in Full Swing: Saylor's Latest Statement Fuels Buying Speculation

MicroStrategy's Executive Chairman Michael Saylor has fueled speculation about a new Bitcoin purchase by posting "Bitcoin Drive engaged" on August 2, accompanied by the company's customary purchase tracker. This aligns with his pattern of hinting at treasury changes ahead of weekly reports. The accompanying report showed MicroStrategy's Bitcoin holdings at 843,775 BTC, with an average cost of $75,653 per coin and an unrealized loss of -$10.58B. A similar signal preceded the company's July 27 announcement, strengthening expectations for a treasury update on Monday. However, MicroStrategy's real-time ledger reflects two recent Bitcoin sales totaling 3,588 BTC, reducing holdings from 847,363 BTC to the current 843,775 BTC. The company stated these sales funded preferred stock dividends and replenished its U.S. dollar reserve. Recent reports indicate the company made no Bitcoin purchases the week ending July 26 while increasing its dollar reserve to approximately $3.75B. The company faces financial headwinds after reporting an $8.33B operating loss for Q2 2026, including an $8.32B unrealized loss on its digital assets. Management may sell up to $1.25B more in Bitcoin to meet cash obligations. The expected Monday update will reveal if the "Bitcoin Drive" signal marks a return to accumulation as MicroStrategy balances its massive Bitcoin stash against growing cash commitments.

cryptonews.ru6m ago

Bitcoin Boom in Full Swing: Saylor's Latest Statement Fuels Buying Speculation

cryptonews.ru6m ago

AI Company Stocks Trading Like 'Memecoins' as Bitcoin Barely Moves — Weekly Review

Weekly Review Summary: AI stocks traded erratically like memecoins this week, while Bitcoin remained relatively flat around $64,000. Major market volatility stemmed from a forced liquidation by the "Situational Awareness" fund, contributing to a sharp sell-off in chip and AI stocks, particularly impacting Asian markets like South Korea's KOSPI. The Fed's signals and broader macro concerns added to the uncertainty. In crypto, the news was largely overshadowed by traditional finance but remained negative. Several crypto firms announced closures (BitMart) or bankruptcies (Storj Labs), and layoffs continued across the industry (Coinbase, Uphold). MicroStrategy notably shifted its strategy, using proceeds to buy back its own stock instead of purchasing more Bitcoin, drawing criticism. DeFi saw success stories like Trade.xyz on Hyperliquid, but also potential risks from insider trading and questions about platform dependence (e.g., Pump.fun on Solana). The intersection of AI and crypto gained attention with renewed hype around projects like Bittensor ($TAO). A critical security warning was reiterated for Coldcard wallet users regarding a potential private key vulnerability, emphasizing the high responsibility of self-custody. The overall tone cautioned against panic but urged preparedness amid a challenging market.

cryptonews.ru18m ago

AI Company Stocks Trading Like 'Memecoins' as Bitcoin Barely Moves — Weekly Review

cryptonews.ru18m ago

Coinkite Faces Criticism for Storing Customer Emails After $88M Coldcard Hack

Coinkite faces renewed criticism after a vulnerability in generating random seed phrases for its Coldcard hardware wallets allowed attackers to steal over 1,000 BTC in two days. While sending warning emails to customers dating back to 2019, the company was questioned for retaining these email addresses. Coinkite cited its public policy stating emails are kept so customers can verify their other data was deleted, but did not specify a deletion timeline, only saying "for now." Co-founder Rodolfo Novak emphasized the company's commitment to privacy, offering anonymous purchases and deleting customer data after 90 days, and appealed for help contacting all potentially affected users. According to Galaxy Research, losses from the exploit had reached 1,367 BTC, worth over $88 million.

cryptonews.ru18m ago

Coinkite Faces Criticism for Storing Customer Emails After $88M Coldcard Hack

cryptonews.ru18m ago

Trading

Spot

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of AI (AI) are presented below.

活动图片

Top Questions