Nvidia’s financial report continues to be impressive. Which crypto AI projects have grown more rapidly than Nvidia this year?

After the U.S. stock market closed on Wednesday, Nvidia released its highly anticipated Q2 financial report for fiscal year 2025.

The report showed that the company achieved revenue of $30 billion in the second quarter, higher than the market expectation of $28.86 billion, a year-on-year increase of 122%; net profit was $16.59 billion, also exceeding the market expectation of $14.64 billion, a year-on-year increase of 168%. Although the performance exceeded expectations again, the "exceeding expectations" this time seemed slightly insufficient under the market's high expectations for Nvidia, causing the stock price to fall 8% after the market.

Although there is some uncertainty in the short-term outlook, from the perspective of the performance throughout the year, Nvidia's stock price has risen by about 160% since the beginning of the year, ranking first in the market. Whether it is relying on its absolute leading position in the field of artificial intelligence or its continued expansion in the data center and high-performance computing markets, Nvidia's fundamentals remain solid. It can be said that hyping AI is a general consensus under the wave of generative AI, while hyping Nvidia is a "consensus within the consensus". As long as the AI gold rush continues, Nvidia, as a "shovel seller", can make money lying down.

Nvidia's success has also led to the prosperity of crypto AI projects this year. These projects with smaller market capitalizations are often regarded as "signal amplifiers" for Nvidia's market conditions, and the market generally believes that they can bring higher returns to investors. But are the performances of these crypto AI projects really as expected? BlockBeats made a detailed comparison of the year-to-date gains of the top ten crypto AI projects by market capitalization and Nvidia, trying to clarify the real situation. (Many small-cap crypto AI concept projects are not compared. Given that Nvidia is the world's second largest technology company, it is more valuable to compare with large-cap projects.)

It can be found that although the highest increase of 5 crypto AI projects has exceeded Nvidia this year, it seems to verify their role as "signal amplifiers" when the market is the craziest. However, when we look at the performance from the beginning of the year to date (YTD) over a longer period of time, we find that only AIOZ Network has increased more than Nvidia, and most of the other projects have been unable to catch up with Nvidia after a huge retracement.

Internet Computer even fell 41.7%, which is well-deserved. This also shows that not all projects that get on the AI narrative can get lasting help from it. No matter how awesome a project is, if it lacks continuous operation and development, it will be difficult to gain the favor of investors in the long run. In the context of the project party launching the coin as soon as it is launched, "speculating on new rather than old" has almost become an iron rule in the crypto market.

In contrast, Nvidia's stock price has been relatively stable, with almost no significant retracement. In addition to its unshakable position as the industry leader, it also shows that it has always been supported by strong fundamentals, which is in sharp contrast to the short-term rise of many encrypted AI projects driven by narratives and market enthusiasm.

This comparison once again reveals the chronic disease of cryptocurrency projects: when a narrative boom gradually subsides and the market refocuses on the actual value and fundamentals of the project, the actual performance of many encrypted projects is often stretched and unsatisfactory. The growth of encrypted AI projects is highly dependent on market sentiment, but only continuous technological innovation and strong team execution can support the long-term survival of the project.

Many projects that rose dramatically at the peak of hype actually did not have any special technological innovation or product advantages, and did not even have real users, because they were not intended to be used by people when they were first made. When market sentiment returns to rationality, the "naked swimming" status of these projects is exposed, and speculators will quickly abandon them and look for the next narrative target for hype.

Therefore, for crypto investors, when choosing a project, you should not only look at short-term gains and hot spots, but also dig deep into the project's technology, team, ecosystem construction and community participation. Nvidia's steady performance provides investors with a good benchmark - it's right to chase emerging opportunities, but don't ignore those targets with solid fundamentals and long-term growth potential. A truly good project should stand the test of time.

欢迎加入律动 BlockBeats 官方社群：

Telegram 订阅群：https://t.me/theblockbeats

Telegram 交流群：https://t.me/BlockBeats_App

Twitter 官方账号：https://twitter.com/BlockBeatsAsia