Nvidia Shares Drop After Record High as CES AI Superchip Unveiled

Reported 1 day ago

Nvidia stock fell over 6% on Tuesday after reaching a record high ahead of CEO Jensen Huang's keynote at CES, where the company unveiled new AI technologies and products. Despite the decline, analysts maintain positive outlooks on the stock, projecting it to rise to an average of $172.80 in the next year. Nvidia's new AI superchip GB10 and updates on its robotics strategy were highlighted during the event, with Huang predicting significant growth opportunities in autonomous technologies.

Source: YAHOO

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