Analysis: Nvidia shares hit one-month high, AI tokens lead crypto market gains

According to the crypto analysis platform DYOR data, decentralized AI tokens and DePIN tokens have performed well in the past seven days. Hitesh Malviya, the founder of DYOR, said that there has been much discussion about Nvidia's upcoming earnings report. AI tokens will continue to rise cyclically because they are directly related to the entire AI development happening around us.Nvidia will announce its first-quarter earnings after the stock market closes on May 22. Zacks Investment Research predicts that the company will announce earnings per share of $5.49, a year-on-year increase of 403%. According to Bloomberg, the recent performance of other artificial intelligence companies has been mostly positive. NVDA's stock price rose to $922 on Monday, reaching its highest level since April 1. TradingView data shows that its stock price has rebounded more than 20% from the low point of $756 touched on April 19.