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There is a possibility that Nvidia's stock will soar from January 6th. Beth Mckenna, Motley Fool, December 24, 2024 (Tuesday) 9:00 PM.

NVIDIA's CEO Jensen Huang is honored to deliver the opening keynote address at the 2025 Consumer Electronics Show (CES) in Las Vegas, scheduled to take place from Monday, January 6 to Friday, January 10. Huang's keynote address is scheduled for Monday, January 6 at 9:30 p.m. Eastern Standard Time, lasting approximately one hour.

It is fitting for Huang to kick off CES 2025. This annual event, touted as the 'world's most powerful technology event', is undoubtedly led by Huang, who spearheads one of the world's most powerful technology companies. NVIDIA's Graphics Processing Units (GPUs) and related technologies dominate the rapidly expanding Artificial Intelligence (AI) chip and technology space. Additionally, NVIDIA is the world's second most valuable company by market cap, trailing only Apple slightly, with its stock price surging by 172% until Friday, December 20 this year.

At the annual CES event, many major technology companies and startups unveil various innovative technology products and announce futuristic concepts aimed at commercialization in the future. While CES is a trade-only event, the Consumer Technology Association (CTA), which owns CES, streams parts of the conference live, and the streams are generally provided for free.

What can investors expect from NVIDIA at CES 2025?

There is a high possibility that NVIDIA's product releases and other announcements will be more exciting than usual at CES 2025.

NVIDIA and many of its partners have consistently launched or unveiled innovative and sometimes groundbreaking new products and concepts at CES. However, NVIDIA often holds back some of the most exciting product releases and announcements for its annual GTC (GPU Technology Conference) event.

I believe NVIDIA is likely to share even more exciting news than usual at CES 2025. Kicking off this year's technology extravaganza by Huang would mean capturing the attention of a vast audience both live and through streams. According to the CTA, the 2024 CES drew over 138,000 attendees, with over 40% coming from outside the USA, and featured more than 4,300 exhibitors. Hence, it seems Huang is particularly aiming for an 'awesome' audience.

Is Nvidia's stock breakout coming soon?

Nvidia's stock price has risen by 172% this year, in 2024, but all the profits were achieved in the first half. On Friday, December 20, Nvidia's stock price closed at $134.70. This is a drop from the closing price of $148.87 on November 7 and very close to the closing price of $135.56 on June 18.

Nvidia's stock price received a great boost from CES 2024, especially from the start of the event to the first trading day after the event. If similar dynamics occur again in 2025, Nvidia's stock price will rise from January 6 when Huang starts the event to January 13, the first trading day after CES ends. Of course, there are no guarantees.
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