Nvidia Stock Suddenly Slips To Worst Day In Months Despite Analysts’ Positive Reaction To Jensen Huang’s CES Speech [Forbes]
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Source: Forbes
address teasing the next big thing in artificial intelligence which also inspired rallies from the stocks of several other companies in Nvidia's orbit, but failed to sustain a prolonged rally for Nvidia. Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show on Monday. AFP via Getty Images Key Facts Nvidia stock rallied as much as 2.5% to a new intraday all-time high of $153 shortly after market open, coming on the heels of Huang's Monday evening keynote at the CES 2025 conference, before turning negative as trading progressed amid a broader technology stock selloff, falling nearly 5% to below $143 by late morning. That loss, which would make Tuesday the worst day for Nvidia stock's since Sept. 3, comes despite an overwhelmingly positive reaction from Wall Street analysts on the the speech largely focused on Nvidia's efforts in robotics, or physical AI, in addition to advancements in its graphics processing units used for gaming. Nvidia showed
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