Nvidia's recent announcements at the CES 2025 trade show have generated significant interest, particularly with the unveiling of its Thor chip and Cosmos LLM, which are poised to impact the generative AI market. These innovations are expected to drive AI convergence across consumer electronics, potentially revolutionizing interactions with technology through more personalized and intelligent experiences. Despite these promising developments, Nvidia's stock faced downward pressure, reflecting broader market dynamics and investor sentiment.
The GraniteShares 2x Long NVDA Daily ETF (NVDL) experienced a notable decline, dropping 5.98% to $67.26 at 5:00 PM on Friday, January 10.