According to CoinMeta, Bitmine Chairman Tom Lee stated in the CNBC program that NVIDIA's strong performance drove up the stock price, and investors valued the company's fundamentals. Software stocks such as Salesforce, CrowdStrike, and Okta performed well, reflecting positive market response to the downstream transactions of AI. Regarding the weak performance of Meta, Amazon, Alphabet, AMD, Micron, and other AI related stocks, Tom Lee believes that investors sold other tech stocks to increase their holdings in NVIDIA. NVIDIA's profit forecasts have been raised, its price-earnings ratio has narrowed, and its current valuation is relatively low. Data center construction has become a political issue in the mid-term elections in the United States, with some states considering suspending related projects, leading to a shift of funds towards AI downstream targets.