The surge in AI coin values continues, with semiconductor companies like Nvidia contributing to the trend through their strong earnings report and the overall positive sentiment in the AI market. The market cap of the AI sector has seen a significant increase of 10.4% in recent times, now totaling $27.8 billion.

Investors are eagerly awaiting Nvidia's upcoming earnings report on May 22, which is expected to further support the upward momentum of the AI market. This anticipation has led to increased interest in blockchain-related stocks, benefiting AI-based tokens as well.

Moreover, OpenAI's plan to introduce a new search engine is set to add to the bullish environment surrounding AI coins. The move by OpenAI, a prominent player in AI research and development, is likely to fuel competition in the AI space and boost confidence among investors in AI projects.