Nvidia, renowned for its potent AI-centric chipsets, announced stellar Q1 earnings, with revenue soaring 18% sequentially and a whopping 262% year-on-year. This surpassed analysts' projections, propelling Nvidia's after-hours trading price by 6.06% to $1,007, as per Yahoo Finance.

However, despite expectations, the surge in Nvidia's earnings didn't immediately lift AI-related crypto tokens. For instance, Render (RNDR), a decentralized GPU rendering platform on Ethereum, experienced a 12% decline within five hours of the earnings announcement, dropping to $10.38, according to CoinMarketCap.

Yet, historical data suggests a potential rebound. After Nvidia's Q4 earnings in February, RNDR surged by 38% within 48 hours. Speculation from crypto trader D0C Crypto hints at a possible surge in RNDR above $15 if history repeats itself.

Further stirring speculation, a significant whale wallet transferred around $52.1 million to an unknown wallet, indicating anticipation of a "sell the news" scenario. This movement suggests key players positioning themselves based on Nvidia's results and potential market reactions.

Other AI tokens also saw declines: The Graph (GRT) fell by 4.77%, Fetch.ai (FET) by 6.42%, and SingularityNet (AGIX) by 6.25%. Nevertheless, some traders remain optimistic about the long-term prospects of Nvidia's performance on the crypto market.

Pseudonymous trader Bishara expressed bullish sentiments, highlighting Nvidia's market cap of $2.5 trillion, surpassing the entire crypto space, suggesting a promising future for AI-related cryptocurrencies. Similarly, trader Plazma emphasized the positive correlation between Nvidia's success, stock performance, and the broader crypto market.

As the market digests Nvidia's impressive earnings, traders and investors will closely monitor AI tokens, hoping that positive trends will eventually reflect in the crypto space.