Nvidia's recent showcase at CES 2025, led by CEO Jensen Huang, introduced groundbreaking innovations such as the GB10 AI chip and the GeForce RTX 50 series graphics cards. Despite these advancements, the presentation did not provide the immediate market catalysts that investors were seeking. The announcements emphasized Nvidia's long-term vision for AI's transformative potential but lacked short-term growth drivers, leading to tempered investor enthusiasm. Partnerships with major companies like Toyota and Uber were highlighted, aiming to expand AI's reach into autonomous vehicles, yet the absence of immediate market impact from these collaborations contributed to investor disappointment.
The Direxion Daily NVDA Bull 2X Shares (NVDU) saw a price increase of 1.79%, reaching $102.91 as of 7:00 AM on Wednesday, January 8.