Nvidia (NVDA) stock achieved a new milestone on Monday, closing at $149.43, surpassing its previous record. This surge in stock price comes ahead of CEO Jensen Huang’s highly anticipated keynote at the Consumer Electronics Show (CES) 2025 in Las Vegas.
Key Highlights:
Blackwell Chips and AI Momentum
Huang’s address is expected to highlight Nvidia’s roadmap for the booming AI market, including updates on its Blackwell AI chips. These chips, delayed due to a design flaw, are now in production, with shipments ahead of schedule. Analysts predict Blackwell represents a $100 billion market opportunity, signalling another wave of growth for Nvidia.
Anticipated Announcements
Wall Street is abuzz with speculation that Nvidia will unveil a standalone CPU at CES. If true, this move could unlock a $35 billion market segment for the company. Additionally, updates on Nvidia’s robotics strategy and potential partnerships in the AI PC space are expected to reinforce its industry dominance.
Wall Street’s Perspective
Stifel analyst Ruben Roy and Bank of America’s Vivek Arya foresee CES 2025 as a turning point for Nvidia. Arya notes, “CES will likely reassert Nvidia’s platform dominance,” while Roy highlights the immense potential of Blackwell chips to drive demand in the AI sector.
Broader Impacts
Nvidia’s stock surge also reflects broader investor confidence in the AI sector. The company’s performance has spurred a rebound among tech giants, showcasing its pivotal role in shaping the future of technology.
As Jensen Huang takes the stage at CES 2025, all eyes are on Nvidia’s next steps in the AI revolution. The keynote promises exciting revelations that could further solidify the company’s leadership in technology and innovation.
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