Nvidia (NVDA) 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Jensen Huang will deliver the opening keynote at a major consumer electronics show on Monday, with many analysts viewing the event as a 澳洲幸运5官方开奖结果体彩网:potential growth catalyst for the chipmaking giant. 

All but one of the 21 analysts covering the company who are tracked by Visible Alpha maintain a “buy” or equivalent rating, with analysts at Morgan Stanley, Bank of America, and Bernstein recently naming it a 澳洲幸运5官方开奖结果体彩网:"top pick." The consensus price target ꦏis about $177, a roughly 18% premium over 𓃲the chipmaker’s intraday level Monday. 

When Huang delivers the keynote address, set to start at 9:20 p.m. ET, the spotlight will be on Nvidia’s 澳洲幸运5官方开奖结果体彩网:Blackwell GPUs, which are used to power generative 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI).

Citi Analysts Point to High D♊emand for Blackwell

Analysts at Citi said in late November that they expect Nvidia to raise sales expectations for Blackwell as the company works to meet what Huang has called 澳洲幸运5官方开奖结果体彩网:“insane” demand. On Nvidia’s 澳洲幸运5官方开奖结果体彩网:earnings call in November, Huang said Nvidia expects to deliver 澳洲幸运5官方开奖结果体彩网:more Blackwell platforms in the current quarter than previously estimated.

Citi also expects Huang to discuss a demand inflection in 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) robotics “around warehouses, manufacturing, and humanoid AI robots.” The company may also discuss Rubin, a s꧃uccesso🍷r to Blackwell chips that Huang unveiled in June and said would release in 2026. 

CES comes after Nvidia’s stock wrapped up a stellar 2024. Despite shares entering 澳洲幸运5官方开奖结果体彩网:correction territory last month, Nvidia stock surged about 170% in 2024 as Big Tech customers—including Microsoft (MSFT), Meta Platforms (META), and Alphabet’s (GOOGL) Google—beefed up their AI data-center and cloud comp🍨uting infrastructure. Last year's big gain for Nvidi𒁃a came on the heels of a 240% stock-price increase in 2023.

UPDATE—Jan. 6, 2025: This article has been updated to reflect more recent analyst estimates and share price information.