NVIDIA stands as the undisputed global leader in AI chips, and NVDAX on the Gate platform is the flagship asset that brings NVIDIA’s stock price into the world of crypto trading.
As of June 2, 2026, Gate market data shows NVDAX trading at $225.3, up 4% in the past 24 hours, continuing its strong recent performance. Meanwhile, NVIDIA’s actual stock surged 6.26% during US trading hours ending June 2 (Beijing time), closing at $224.36. Its total market capitalization soared past $5.43 trillion, jumping $319 billion overnight.
Market Recap: RTX Spark Chip Ignites Investor Frenzy
On June 1, NVIDIA CEO Jensen Huang delivered a blockbuster announcement during his Computex 2026 keynote: NVIDIA’s latest data center CPU, Vera, has entered mass production, and the company officially launched the RTX Spark super chip, marking its entry into the PC processor market.
RTX Spark is co-developed by NVIDIA and MediaTek, manufactured by TSMC using the 3N process. It features a CPU with up to 20 cores and a Blackwell architecture GPU with 6,144 cores. Both are interconnected via NVLink to share memory, run Microsoft Windows for Arm, and are set to debut this fall in high-end laptops and desktops.
This news quickly fueled market enthusiasm. By the close of US trading on June 2, NVIDIA’s stock soared 6.26%, and NVDAX climbed 4% in tandem. The PC supply chain saw ripple effects: Dell surged nearly 11%, HP jumped over 8%. In contrast, traditional PC chip leaders Intel and Qualcomm dropped 4.67% and 8.78%, respectively.
Beyond the RTX Spark catalyst, NVIDIA also partnered with Unitree Robotics to launch the Isaac GR00T humanoid robot reference platform for universities and research institutions, further expanding its ecosystem in robotics and autonomous driving.
From Stock to Token: The On-Chain Mapping Mechanism of NVDAX
What exactly is NVDAX?
From a product perspective, NVDAX is a blockchain-based tracking token for NVIDIA stock, launched in Gate’s xStock section. It’s issued under both Solana SPL and ERC-20 standards, serving as a tokenized tracking certificate.
Each NVDAX token is backed 1:1 by actual NVIDIA shares held by a regulated third-party custodian, ensuring that the token price closely tracks the underlying NVDA stock.
On Gate, NVDAX is a star asset within the xStocks section. Users should note that Gate’s stock tokens do not confer direct equity ownership in the underlying company. Instead, they are price-tracking products that do not grant shareholder status, dividend rights, or voting privileges. According to the latest guidance from the US Securities and Exchange Commission (SEC) issued in January 2026, these assets are classified as "tokenized securities."
From $180 to $225: Recent NVDAX Price Movements
Reviewing NVDAX’s recent price action, the token has followed a clear upward channel:
| Date | NVDAX Price | Key Event |
|---|---|---|
| Early April 2026 | About $183 | Consolidation at high levels |
| May 8, 2026 | About $218.81 | Steady climb |
| May 14, 2026 | $228.22 | Breaks above $220 |
| May 15, 2026 | $234.86 (intraday high of $240 ATH) | New all-time high |
| June 1, 2026 | $216.60 | Stabilizes after minor pullback |
| June 2, 2026 | $225.3 | RTX Spark drives 4% rally |
In 2026, NVIDIA’s dominance in AI chips continues to attract capital. From $183 in early April to the $240 historic peak in mid-May, the price surged over 30% in just over a month. Although there was a brief pullback in late May, the RTX Spark launch directly triggered another breakout.
Three Fundamental Drivers
Explosive Growth in AI Computing Demand
According to SemiAnalysis, the rental price for NVIDIA H100 chips jumped from $1.7 per GPU per hour in October 2025 to $2.35 by March 2026—a nearly 40% surge in six months. The imbalance in AI computing supply and demand is intensifying, and NVIDIA, as the "water supplier" of compute infrastructure, stands to benefit.
Expanding Cloud Provider Capital Expenditures
Global cloud giants like Microsoft, Google, and Amazon are ramping up AI data center construction, maintaining strong demand for NVIDIA’s Blackwell GPUs and Vera CPUs. Vera is scheduled for mass production in Q3 this year, and OpenAI, Anthropic, and SpaceX have already announced plans to deploy it in their data centers.
Global Semiconductor Price Surge
IDC’s latest research shows that the AI-driven expansion is boosting the global semiconductor industry. NVIDIA, with its comprehensive chip portfolio spanning data centers to PCs, occupies the most valuable position across the entire AI value chain.
How to Trade NVDAX
Users can invest in NVDAX on Gate through several methods:
Method 1: xStocks Spot Trading
In the Gate App, navigate to "Spot" → "Stocks" → xStocks section, search for NVDAX, and buy or sell directly with USDT. Unlike traditional stocks, these tokens support 24/7 trading, with T+0 instant settlement for maximum capital efficiency.
Method 2: Stock Token Perpetual Contracts
Gate offers NVDAX perpetual contract trading, supporting up to 20x leverage for both long and short positions, settled in USDT. Profit opportunities exist regardless of market direction.
Method 3: Spot and Contract Combination Strategy
Users can hold NVDAX spot tokens for long-term positions while using the contract market for hedging or swing trading, enabling multidimensional strategies. All assets are managed seamlessly within a single Gate account.
Conclusion
NVDAX is one of the most closely watched tokenized stocks on Gate, with its price directly reflecting changes in NVIDIA’s underlying value. As of June 2, 2026, NVDAX trades at $225.3, up 4% in 24 hours.
Today’s rally is primarily driven by the launch of NVIDIA’s RTX Spark chip, marking the company’s official entry into the PC processor market. The AI chip giant is expanding from data centers to hundreds of millions of consumer devices, opening up a market worth hundreds of billions of dollars.
Meanwhile, Gate’s NVDAX contract open interest has reached $4.08 million, and 24-hour trading volume stands at $2.46 million—both global highs—demonstrating strong market attention and sustained capital inflows into the AI infrastructure sector.
Whether you’re bullish on the long-term prospects of AI or looking to capture short-term volatility with leverage, NVDAX offers flexible and convenient investment channels in both the Gate xStocks section and contract markets.
FAQ
Q1: What is the relationship between NVDAX and NVIDIA stock?
NVDAX is a tokenized tracking certificate, backed 1:1 by actual NVIDIA shares held by a regulated third-party custodian. Its price closely tracks NVIDIA’s stock.
Q2: Does holding NVDAX entitle me to NVIDIA dividends?
No. Stock tokens do not generate dividends. They are blockchain derivatives linked to stock prices, not real shares issued by the company. Holders do not have voting or dividend rights.
Q3: Does NVDAX support leveraged trading?
Yes. Gate offers perpetual contract trading for NVDAX, with up to 20x leverage and both long and short positions, settled in USDT.
Q4: Can NVDAX be traded 24/7?
Yes. Unlike US stocks restricted by traditional exchange hours, NVDAX is a blockchain digital asset supporting uninterrupted 24/7 trading. Trading, clearing, and settlement are instant.
Q5: Is NVIDIA’s launch of PC chips positive or negative for NVDAX?
Overall, it’s a major positive. NVIDIA’s entry into the PC processor market expands its potential from data centers to hundreds of millions of consumer devices, unlocking a market worth hundreds of billions of dollars. This is a direct catalyst for both the stock and NVDAX’s surge.
