Nvidia (NVDA 0.39%) CEO Jensen Huang had the honor of delivering the opening keynote address at the 2025 Consumer Electronics Show (CES), scheduled to be held in Las Vegas from Monday, January 6th to Friday, January 10th. Huang’s keynote is scheduled for Monday, January 6th at 9:30pm ET and will likely last about an hour.
It’s fitting that Huang will kick off CES 2025. This annual event is touted as “the world’s most powerful technology event,” and Huang leads what is arguably the world’s most powerful technology company. Nvidia’s graphics processing units (GPUs) and related technologies dominate the rapidly growing artificial intelligence (AI) chip and technology sector. Additionally, Nvidia is the second most valuable company in the world by market capitalization, just behind Apple, and its stock has increased 172% this year through Friday, December 20th.
The annual CES sees many major technology companies and startups unveil a variety of innovative technology products and futuristic concepts that they hope to someday commercialize. Although CES is an industry-only event, the Consumer Technology Association (CTA), which organizes CES, is live streaming portions of the conference, which is free to the public.
What can Nvidia investors expect from CES 2025?
Nvidia’s product announcements and other announcements are likely to be more exciting than usual
Nvidia and its many partners always announce or unveil original and sometimes groundbreaking new products and concepts at CES. However, Nvidia often saves some of its most exciting product announcements and announcements for its annual GTC (GPU Technology Conference) event.
I think there’s a good chance that Nvidia will share more exciting news than usual at the 2025 CES. Huang kicking off this year’s tech extravaganza means he’ll command the attention of a huge audience of both live and streamers. According to CTA, CES 2024 had more than 138,000 attendees, 40% of them from outside the United States, and more than 4,300 exhibitors. Therefore, it seems that fans especially want to “surprise” viewers.
Is a breakout in Nvidia stock near?
Nvidia stock has had a great performance this year (up 172% so far in 2024), but all of that gain was achieved in the first half of the year. On Friday, December 20th, NVIDIA stock closed at $134.70. This is down from its all-time high of $148.87, set on November 7th, and very close to its June 18th close of $135.56.
Nvidia stock rose significantly from the 2024 CES, specifically from the start of the event to the first trading day after the event ended. And if a similar move occurs again in 2025, NVIDIA stock will rise between January 6, when Huang kicks off the event, and January 13, the first trading day after CES. Dew. Of course, there are no guarantees.
The graph below shows how Nvidia stock performed versus the S&P 500 and Nasdaq Composite Index during the first trading day of 2024 CES. The Nasdaq is probably a good index to keep an eye on since it’s made up of a lot of tech stocks.
January 8, 2024 was the first full day of CES 2024, with Nvidia’s team giving a 30-minute “special talk” at 11 a.m. ET. The team showcased Nvidia’s latest generative AI innovations for gaming, content creation, laptops, and robotics, including new gaming GPUs and generative AI models. The company also announced that multiple electric vehicle (EV) manufacturers have selected the Nvidia DRIVE platform for autonomous driving.
Data by YCharts.
The chart below shows the performance of Nvidia stock from the start of CES 2024 to the first trading day after the event ends.
Data by YCharts.
Also, another potential stimulus for NVIDIA stock is coming: the so-called Santa Claus Rally. The term generally refers to the tendency of the stock market to rise slightly during the last five business days of December and the first two business days of January of the following year. For this season, these dates are from Tuesday, December 24th to Friday, January 3rd, excluding Wednesday, December 25th and Wednesday, January 1st, as the U.S. stock market is closed for Christmas and New Year’s Day. It will be.
Good stock in the long run
Naturally, thanks to investor enthusiasm for the Santa Claus rally and CES news, it would be great for investors if NVIDIA stock can break out of its recent trading range soon. But it’s okay if that doesn’t happen. Nvidia stock is poised to remain a long-term winner as it is perhaps the most important company in the AI space and AI adoption is still in its early stages.
Even if Nvidia stock doesn’t break out in January, there’s always February. The company is scheduled to release its fourth quarter fiscal 2025 financial results after the market closes on Wednesday, February 26th.
