At CES 2025, Nvidia CEO
Jensen Huang captivated audiences with groundbreaking announcements. Sporting a striking black alligator-skin jacket, Huang introduced the Blackwell AI processor, the new GeForce RTX 50 Series GPUs, and laptops powered by these advancements. Despite a momentary stock surge, Nvidia's shares later dipped over 4%, reflecting broader market movements rather than product reception.
Analysts lauded Nvidia's sustained leadership in AI, emphasizing its hardware and software innovations. The company also unveiled collaborations with Cerence AI and Continental, expanding into autonomous vehicles and robotics. Nvidia's ambitious projects, including Project DIGITS, a $3,000 AI supercomputer, and the Cosmos platform for robotics, highlight its commitment to revolutionizing multiple sectors.
Further announcements included the RTX 5090 GPU, poised to enhance gaming and AI processing significantly. Micron Technology benefited from these developments, as it was named a supplier for Nvidia's new chips, causing its stock to rise.
Despite the stock retreat, Nvidia's influence in AI and gaming remains strong, with its stock featured on several IBD lists. The company continues to push the boundaries of AI capabilities, asserting its dominance in both the tech and gaming industries.
