Nvidia's revenue is skyrocketing, can AI tokens benefit?

Nvidia-NVDA, quarterly revenue over the years:

1. 2024: $35.1 billion

2. 2023: $18.1 billion

3. 2022: $5.9 billion

Nvidia has just announced that its revenue for the third quarter of fiscal year 2024 has nearly doubled compared to the same period last year.

Even more impressive is that the company's revenue has more than tripled in the previous year.

Nvidia's revenue is truly growing exponentially.

This is also why AI tokens are quite strong in this year's uptrend season, remember when Nvidia announced revenue in previous quarters it also led to strong growth of AI tokens. Nvidia's revenue also helps investors feel confident in holding AI tokens this season.