Nvidia's recent presentations at CES 2025, including the unveiling of its Thor chip and Cosmos LLM, have generated significant interest in the expansion of the generative AI market. These innovations are poised to impact humanoid robotic design and drive AI convergence across consumer electronics like robots, TVs, and smart glasses. Despite these promising developments, Nvidia's stock faced downward pressure, possibly due to broader market conditions or profit-taking after the initial excitement. The company's strategic focus on AI and robotics aims to capture a larger share of the generative AI market, but the immediate market reaction suggests investors may be cautious about the short-term implications.
The ETF Opportunities Trust T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) experienced a decline, dropping 6.02% to $14.20 as of 5:00 PM on Friday, January 10.