Nvidia's stock is experiencing a surge, driven by anticipation surrounding CEO Jensen Huang's keynote speech at the Consumer Electronics Show (CES) in Las Vegas. Investors are particularly eager for updates on the Blackwell chip, which is expected to be a significant growth driver for the company. The strong demand for Nvidia's chips, despite previous supply constraints, has kept investor interest high. Additionally, speculation about the unveiling of the RTX 5090 and 5080 graphics cards at CES has further fueled excitement among tech enthusiasts and investors. This optimism is reflected in Nvidia's stock performance, which has already seen a 3.74% increase today.
The GraniteShares 2x Long NVDA Daily ETF (NVDL) has risen to $82.18, marking a 7.17% increase from the previous close.