Nvidia Prepares for a Major Showcase at CES 2025
Excitement Builds for Jensen Huang’s Keynote: Anticipation mounts as Nvidia Corporation’s NVDA is set to draw attention at CES 2025.
Event Details: Jensen Huang, Nvidia’s CEO, will take the stage on January 6, 2025, at 9:30 PM ET. Viewers can catch the live stream on YouTube and Nvidia’s official website.
Related Insights: Elon Musk has been labeled both a legendary entrepreneur and a bully by OpenAI CEO Sam Altman during recent discussions about tech leaders.
Anticipated Announcements:
RTX 5000 Series GPUs: Nvidia is likely to unveil its RTX 5000 series GPUs, expected to enhance gaming and creative processes significantly.
Innovations in AI and Robotics: Expect to see Nvidia’s latest developments in AI technology and robotics, which may include next-generation robots powered by their advanced chips.
Advancements in Automotive Tech: The company’s role in enhancing autonomous vehicle technology is also expected to be highlighted during this keynote.
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Significance of the Event: With a market capitalization of over $3.433 trillion, Nvidia ranks as the second most valuable company globally, trailing only Apple Inc.
Currently, Nvidia is central to the AI explosion, powering major players like OpenAI, Alphabet Inc., and Meta Platforms, Inc. through its sophisticated chips.
This year, Nvidia’s stock has surged by 191.09%, vastly outperforming the NASDAQ 100’s growth of 31.76%, as shown by Benzinga Pro’s data.
Stock Performance Update: On Tuesday, Nvidia’s stock rose by 0.39%, closing at $140.22. In 2023, the stock has appreciated by 37.09%. Analysts from firms including DA Davidson, Phillip Securities, and Truist Securities have set an average price target of $154.67, indicating an upside potential of 10.65%.
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Note: Content in this article was partially produced with the assistance of Benzinga Neuro and reviewed by Benzinga editors.
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