NVIDIA's recent announcements at CES 2025 have reinforced its position as a leader in AI technology, with BofA Global Research maintaining a "Buy" rating and a price target of $190. The unveiling of the RTX 50 Series GPUs and the Cosmos video language model highlights NVIDIA's continued innovation in both hardware and software. The company's strategic moves into enterprise AI, particularly with the Cosmos platform, are expected to drive growth in sectors like autonomous vehicles and robotics. Additionally, the automotive segment's projected $5 billion run-rate by FY26, bolstered by partnerships with major players like Toyota, underscores NVIDIA's expanding influence across industries.
The GraniteShares 2x Long NVDA Daily ETF (NVDL) rose 1.66% to $72.90 as of 6:40 AM on Wednesday, January 8.