Nvidia's recent analyst day has generated significant investor interest, particularly due to the positive outlook surrounding its new Blackwell chip. CEO Jensen Huang's announcement of a 20-core Arm-based CPU within the GB10 Grace Blackwell Superchip has fueled speculation about Nvidia's strategic expansion into the consumer CPU market. This move is seen as a potential challenge to established players like Intel and AMD, aligning with the industry's shift towards Arm-based architectures. The company's focus on AI and high-performance computing is expected to drive growth, as analysts and investors closely monitor the impact of these developments on Nvidia's market share and revenue.
The AXS 1.25X NVDA Bear Daily ETF (NVDS) experienced a slight decline, dropping 0.93% to $23.32 at 9:40 AM on Wednesday, January 8.