24.12.2024 13:00:00

Why Nvidia Stock Could Jump During the Period From Jan. 6 to Jan. 13, 2025

Nvidia (NASDAQ: NVDA) CEO Jensen Huang has the honor of giving the opening keynote speech at the 2025 Consumer Electronics Show (CES), which is scheduled to run from Monday, Jan. 6 through Friday, Jan. 10 in Las Vegas. Huang's keynote is slated for Monday, Jan. 6 at 9:30 p.m. ET and will probably be about an hour.It's fitting that Huang is kicking off the 2025 CES. This annual happening is billed as "The Most Powerful Tech Event in the World," and Huang leads what is arguably the most powerful tech company in the world. Nvidia's graphics processing units (GPUs) and related technology dominate the fast-growing artificial intelligence (AI) chip and tech space. Moreover, Nvidia is the second most valuable company in the world by market cap, slightly trailing Apple, and its stock has soared 172% this year through Friday, Dec. 20.At the annual CES, many big tech companies and start-ups launch a wide variety of innovative technology products and unveil futuristic concepts that they aim to someday commercialize. The CES is a trade-only event, but the Consumer Technology Association (CTA), which owns the CES, live streams a portion of the conference, and the streams are free to the public.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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