NVIDIA and Tesla drive the trend: The 2026 AI bull market intensifies, why are stock tokens collectively exploding?

When the wave of AI collides with crypto finance, a brand new investment paradigm is quietly emerging. On April 27, 2026, Nvidia’s stock closed up 4%, at $216.61, reaching a intraday high of $216.83, with the company’s total market value surpassing $5.26 trillion, not only firmly ranking first among global listed companies but also exceeding Germany’s total GDP for 2024. Meanwhile, although Tesla’s delivery data in the first quarter fell short of expectations, the market still holds high hopes for its long-term narrative in AI and robotics.

While traditional tech giants are making rapid strides leveraging AI, another “invisible explosion” is quietly unfolding in the crypto world—the stock token market is growing at an unprecedented rate. In the first quarter of 2026, the total market cap of tokenized stocks officially broke through $1 billion, with the on-chain physical asset total exceeding $10 billion. Nvidia and Tesla’s stock tokens have become the most eye-catching dual engines in this explosion.

Nvidia: Explosive Demand for AI Computing Power, Market Cap Reaches New High

The core reason for Nvidia’s continuous stock price rise lies in the explosive growth in demand for AI computing power. Investment in AI infrastructure is increasing steadily, with Nvidia’s Blackwell architecture chips entering mass delivery, with orders locked in until the end of 2027, totaling over $1 trillion. Previously, Jensen Huang projected that from 2025 to 2027, Nvidia’s order revenue from Blackwell and Rubin platforms would reach $1 trillion.

Meanwhile, the rising prices of AI infrastructure also validate the strong demand. The annual leasing contract price for a single Nvidia H100 surged from a low of $1.70/hour in October 2025 to $2.35/hour in March 2026, an increase of nearly 40%; the hourly rent for Blackwell chips is even higher at $4.08, up 48% in two months. Multiple cloud providers worldwide are raising prices, with Dongwu Securities noting that “the cloud price hike cycle has just begun, and as token usage increases, high-end computing power is becoming increasingly scarce.”

Nvidia’s strong performance has driven the entire AI sector upward. U.S. tech stocks broadly rose, with the Nasdaq and S&P 500 reaching new highs, and most tech giants like Google, Tesla, and Meta posting gains. This upward momentum directly translated into increased trading volume and attention for Nvidia-related tokens on the chain.

Tesla: Automotive Business Stabilizes, AI Narrative Reshapes Valuation

Compared to Nvidia’s unstoppable momentum, Tesla’s performance shows a “short-term dip, long-term rise” pattern. In the first quarter of 2026, global electric vehicle deliveries reached 358,023 units, up 6.3% year-over-year, with automotive gross margin increasing by 6.7 percentage points to 19.2%. The company’s total revenue hit $22.4 billion, up 16% year-over-year.

However, the market’s real focus is not on current sales but on Tesla’s long-term transformation toward AI and robotics. The global paid FSD users are approaching 1.3 million, a 51% YoY increase; unsupervised FSD is expected to be rolled out in batches starting in Q4 2026; the third-generation humanoid robot Optimus is expected to debut in mid-2026, and preparations for the first large-scale robot factory are underway in Q2.

Although Tesla’s deliveries in Q1 slightly missed Wall Street expectations, under the influence of the AI wave, its long-term value anchor is shifting from “electric vehicle manufacturer” to “AI-driven tech conglomerate”—precisely the story investors are most eager to buy into.

Tokenization Market Explodes: Gate Facilitates Investors Sharing AI Gains

The explosion of the stock token market is not out of nowhere. In Q1 2026, the market cap of tokenized stocks surpassed $1 billion, with monthly trading volumes reaching a peak of $1 billion in some months. The total value of global RWA on-chain assets also surpassed $25 billion, nearly quadrupling compared to a year earlier.

Gate played a key role in this tokenization wave. As of April 28, 2026, according to Gate’s market data, the asset total value of Tesla’s tokenized stock (TSLAX) reached about $78 million, with over 20,000 holders. A notable case is MicroStrategy’s tokenized stock (MSTRX), which has an implied actual Beta coefficient close to 5.2—meaning when Bitcoin rises 1%, MSTRX tends to increase by about 5%. This high elasticity makes it an excellent tool for capturing structural opportunities in the crypto market.

More importantly, Gate has achieved 7×24 trading and T+0 instant settlement, allowing users to buy fractional shares with a minimum of $10, breaking the time and capital barriers of traditional U.S. stock markets. Recently, Gate launched a Pre-IPO product line, with the first project, SpaceX tokenized stock, raising approximately $368 million within 48 hours, nearly 17 times the offering size.

This cross-market flexible allocation capability, combined with steady progress in compliance, enables investors to capture the rising trend of AI leaders while also hedging and arbitraging, sharing the fruits of this AI bull market.

Summary

Nvidia and Tesla, as the most representative tech stocks of the AI era, have continued to lead the global markets in 2026. The rise of stock tokens fundamentally represents a systematic upgrade to traditional investment methods in lowering retail investors’ entry barriers, breaking trading time restrictions, and improving capital efficiency.

For investors eager to participate in the AI bull market, instead of passively waiting for U.S. stock market opening, it’s better to leverage the Gate platform’s 7×24 continuous liquidity market to flexibly capture every AI market wave. The explosion of stock tokens is not the end but the prelude to a deep integration of traditional finance and the crypto world.