Nvidia's recent analyst day has generated significant buzz among investors, primarily due to the unveiling of its new Blackwell chip and ambitious plans to enter the consumer CPU market. CEO Jensen Huang's announcement of a 20-core Arm-based CPU within the GB10 Grace Blackwell Superchip has sparked excitement, as it aligns with Nvidia's strategic focus on AI and high-performance computing. The collaboration with MediaTek and the potential for the CPU to be marketed independently have further fueled speculation about Nvidia's future direction, particularly as it positions itself to challenge established players like Intel and AMD in the evolving CPU landscape.
The ETF Opportunities Trust T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) has responded positively to these developments, rising 1.06% to $15.29 as of 9:40 AM on Wednesday, January 8.