Nvidia's recent CES 2025 presentation, led by CEO Jensen Huang, showcased ambitious innovations like the GB10 AI chip and Project DIGITS personal AI supercomputer. Despite these advancements, the presentation did not provide the immediate market catalysts investors were hoping for, focusing instead on long-term growth. Partnerships with major companies such as Toyota and Uber were highlighted, aiming to expand AI's reach into autonomous vehicles. However, the lack of immediate market impact from these collaborations contributed to investor disappointment. Nvidia's stock, which had seen significant gains over the past year, experienced a modest increase as the announcements were deemed "significant, but long-tailed" by analysts.
The ETF Opportunities Trust T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) saw a decline, dropping 1.68% to $2.93 as of 7:00 AM on Wednesday, January 8.