Key Insights
- NVIDIA earnings could spark major moves across AI cryptos like TAO, NEAR, and ICP.
- Strong AI chip demand may fuel upside momentum in decentralized AI tokens.
- Technical setups show breakout potential as traders position ahead of the report.
Investors are already scanning for the next pump in AI cryptos as NVIDIA releases its latest earnings report. Analysts have called for around $65-66 billion in revenue and $1.53 EPS, with data center (AI chips) dominating.
In the past, NVIDIA earnings reports have sparked renewed interest in AI cryptos, and if the trend holds, the reports may trigger a response from crypto’s equivalents in the AI race.
What NVIDIA’s Earnings Report Means for AI Cryptos
NVIDIA’s quarterly results scheduled for Wednesday afternoon had both traditional and crypto investors eagerly waiting.
While traditional investors were looking for details on China data center revenue and Blackwell’s ramp-up, crypto investors’ eyes are locked on AI cryptos.
NVIDIA news has historically juiced sentiment across AI tokens, and according to the Generation Crypto report, the most likely to react include TAO, NEAR, and ICP.
Solid Nvidia earnings outcome signals endless demand for compute power, spilling into decentralized AI networks. If the results show weakness, it could cool the whole sector.
TAO Leads the AI Cryptos Pack
Bittensor’s TAO sat crowned king among AI cryptos with a $15 billion market cap in recent rankings. TAO powers decentralized machine learning, such as image generators, bots, etc.
Volume stayed chunky at $86 million despite a 26% dip over the past 30 days. The daily TAO chart shows the asset has clawed its way out of a brutal downtrend, flashing a double-bottom setup that is yet to be confirmed. With Nvidia’s quarterly earnings dropping after market close, this AI crypto heavyweight could be primed for a pump.
NEAR Flashes Major Reversal, Nvidia Earnings Could Ignite the Fuse
NEAR Protocol also flashed accelerating demand as its relative strength index (RSI) sharply curved upward on the 1-day chart to 48.16.
At a $12 billion cap, and second in the pack, NEAR was down 37% from its year-to-date (YTD) high, but volume at $96 million hints at building steam.
The star here is that massive descending channel (or falling wedge variant) shaded in gray, trapping price from August 2025 highs around $3.50+ down to recent February lows near $0.86.
Bulls defended the $0.86 support for the past couple of weeks, and the recent price jump resembles Bittensor’s and is likely tied to Nvidia earnings and Nvidia stock.
NEAR has overhead resistance around the 50-day SMA ($1.31), which may cap gains if breakout volume is insufficient. If bulls prevail, the next stop would be the psychological resistance at $2.00.
Internet Computer (ICP) appears to have nailed short-term support near $2.00. The 4-hour chart showed candles attempting a breakout from the downward parabolic curve.
With support holding and RSI neutral-to-bullish, if ICP price breaks convincingly above $2.378 (50-day SMA), it will likely rally above $2.50.
Like TAO and NEAR, ICP investors also await NVIDIA’s earnings report. A beat on AI demand could flood compute hype into decentralized plays like ICP (on-chain AI, scalable compute), potentially validating and accelerating the ICP price bounce.
Meanwhile, the ICP community wants to move to regulate the token’s inflation rate. The community passed Motion 70 (Proposal 140538) in a governance vote with “Yes” at 25.808% (112M+ votes) vs. No’s 1.030% (4.5M).
Participation cleared the 3% threshold green, as the 25:1 yes dominance ratio shows the community is all-in on the upgrade. If this vote passes, ICP inflation will be cut by 70% from 9.7% to 2.9% by the end of 2026.
As the Nvidia earnings report nears, these AI cryptos are set up for action. TAO holds the throne, NEAR builds RSI heat, and ICP’s support plus vote outcome could trigger noteworthy price moves.