The ETF Opportunities Trust T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) surged 9.08% to close at $16.22 on January 3, driven by a 4.43% rise in NVIDIA's stock price to $144.44, as the company continues to benefit from strong demand in the AI and semiconductor sectors. NVIDIA's stock gained momentum following Bank of America's reaffirmation of its "Top Pick" status with a $190 price target, highlighting the company's robust positioning ahead of the CES event. The anticipation of significant announcements during CEO Jensen Huang's keynote speech at CES, including advancements in robotics and next-generation platforms, has fueled investor optimism. Additionally, NVIDIA's collaboration with Cerence to enhance automotive AI models and HIVE Digital's $30 million investment in NVIDIA GPU clusters have further bolstered confidence in the company's growth trajectory. The AI-driven momentum and easing tech sector concerns have contributed to NVIDIA's stock recovery, marking a positive start to 2025.