AI chip giant Nvidia’s stock has recently rebounded, driving its tokenized asset higher as well. According to the Gate stock token trading page, the current price of Nvidia’s tokenized stock NVDAX stands at $176.32, up 2.6% over the past 24 hours. As of April 3, NVDAX has a circulating supply of 796,400 tokens, with a market capitalization reaching $22.42 million.
Against the backdrop of broader pressure on US equities, NVDAX’s countertrend rally has captured widespread market attention.
Nvidia’s Underlying Stock Surges, NVDAX Follows Closely
As the tokenized version of Nvidia stock (NVDA), NVDAX’s price movements are highly correlated with Nvidia’s actual shares. The recent strong performance of Nvidia’s stock has been the main driver behind NVDAX’s rise.
Steady Recovery in Stock Price
Nvidia’s share price has rebounded over the past several trading sessions. On April 2, Nvidia closed up 0.93%, with a trading volume of $24.901 billion, maintaining its position among the top US stocks by turnover. On April 1, Nvidia surged by 5.59%, with trading volume reaching $38.6 billion.
From a technical perspective, Nvidia’s share price quickly bounced from its March 30 low of $166.97, hitting an intraday high of $177.48 on April 2—an increase of over 6%. By the close on April 2, Nvidia’s stock was priced at $177.39, with a market cap of approximately $4.27 trillion.
Nvidia Outperforms the Market in Q1
Year-to-date, Nvidia has shown remarkable resilience. As of April 1, Nvidia’s decline since the start of the year is around 5.76%, making it the most resilient among the "Magnificent Seven" tech giants, and it continues to lead US stocks in trading volume.
Notably, Nvidia’s downward movement has been driven more by macro factors—such as geopolitical tensions and inflation concerns—rather than any deterioration in company fundamentals. Nvidia’s recent earnings report revealed a 73.2% year-over-year increase in revenue, with next quarter guidance significantly beating market expectations, underscoring sustained strong demand for AI computing power.
Three Key Catalysts for NVDAX’s Rally
OpenAI’s Massive Funding Sparks AI Infrastructure Reassessment
One of the most talked-about stories in the market is AI giant OpenAI completing a massive $122 billion funding round, attracting global tech leaders like Amazon, Nvidia, Microsoft, and SoftBank. Following this round, OpenAI’s valuation soared to approximately $852 billion.
Nvidia, as a major supplier of AI chips, participated in this funding, further cementing its core position within the AI ecosystem. Analysts note that OpenAI’s large-scale fundraising will provide ample R&D capital for AI infrastructure, and Nvidia—as a foundational provider of computing power—will continue to benefit from this trend.
H100 Rental Prices Surge, Highlighting Computing Power Shortage
Signals of a computing power crunch have strengthened market optimism toward Nvidia. According to semiconductor research firm SemiAnalysis, rental contract prices for Nvidia’s H100 chips—released four years ago—rose from a low of $1.70 per GPU per hour in October 2025 to $2.35 per hour in March this year, a nearly 40% increase in just six months.
This phenomenon shows that despite the gradual rollout of the new Blackwell chips, demand for the older H100 remains robust. It reflects the ongoing supply-demand imbalance for AI computing power, providing solid performance support for Nvidia’s stock.
Global Semiconductor Price Surge Boosts Industry Outlook
IDC’s latest research indicates that, fueled by expanding AI computing needs, the global broad wafer foundry market will exceed $360 billion by 2026, with annual growth of 17%. At the same time, the semiconductor industry is experiencing a new wave of price hikes, with international giants like Texas Instruments and Infineon raising prices across the board. The industry’s focus is shifting from price wars to defending profit margins.
With AI computing demand booming, upstream costs rising, and geopolitical factors at play, Nvidia—as the leading AI chip manufacturer—is poised to benefit as industry conditions continue to improve.
Comprehensive Overview of Gate Stock Token NVDAX
What is NVDAX?
NVDAX is the tokenized version of Nvidia stock available on Gate, launched as part of Gate’s xStocks tokenized stock trading section in July 2025. This section offers tokenized versions of US blue-chip stocks, including AAPLX (Apple), TSLAx (Tesla), and NVDAx (Nvidia).
NVDAX is issued using both Solana SPL and ERC-20 dual-chain standards, enabling free circulation and trading across various Web3 wallets and on-chain environments. Each NVDAX token is backed 1:1 by a fully regulated third-party custodian holding the corresponding physical Nvidia shares, ensuring tight linkage between the token price and the actual Nvidia stock price.
Key Advantages of Gate Stock Tokens
24/7 trading. Unlike traditional stocks limited by fixed trading hours, Gate stock tokens allow users to buy and sell with USDT at any time, breaking the constraints of conventional trading schedules. During the 2025 Christmas holiday, while traditional stock markets were closed, nearly $1 billion worth of Apple, Tesla, and Nvidia stock tokens were traded on the blockchain.
Instant T+0 settlement. Traditional stock trading requires T+1 or longer settlement cycles, but Gate stock tokens compress trading, clearing, and settlement into instantaneous completion.
Fractional investing, low entry barriers. Even though a single Nvidia share costs hundreds of dollars, Gate enables participation in NVDAX trading with as little as $10. This feature significantly lowers the entry threshold for ordinary investors.
High liquidity and market leadership. By early 2026, cumulative trading volume in Gate’s stock token section exceeded $140 billion, with a monthly market share as high as 89.1%, ranking first in the industry.
Conclusion
Looking ahead, Nvidia’s competitive advantage in AI chips remains solid. In the recent MLPerf v6.0 benchmark tests, Nvidia’s Blackwell Ultra architecture (GB300 NVL72) claimed first place across the board, outperforming the runner-up by a factor of nine and demonstrating overwhelming technological superiority.
At the GTC conference, Nvidia CEO Jensen Huang noted that Nvidia expects to achieve $1 trillion in cumulative sales across the Blackwell and Rubin product cycles (2025–2027). The Blackwell product line (computing + networking) contributed $184 billion in revenue in 2025, with projected revenue of $320 billion in 2026.
With global AI computing demand continuing to expand, Nvidia’s stock is likely to climb further. On Gate, NVDAX—available for 24/7 trading as a tokenized asset—provides investors with a new tool to capture the upside of the AI sector. Whether US markets are open or closed, NVDAX remains tradable. Log in to Gate, use USDT to participate in NVDAX trading with one click, and seize the investment opportunities of the AI era!
