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. Despite these promising developments, Nvidia's stock experienced a decline, closing down 3% as investors weighed the immediate impact of these announcements against broader market conditions.
The ETF Opportunities Trust T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) responded to Nvidia's stock movement by climbing 5.70% to $3.15 at 5:00 PM on Friday, January 10.