- Huang has called the role of Nvidia crucial in the AI boom.
- AI cryptocurrencies have gained significant values in the last 24 hours.
- The crypto market, in general, is recording a bull run.
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.
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Source: https://thenewscrypto.com/huang-reinforces-nvidias-role-pushing-ai-cryptocurrencies-upwards/