Nvidia CEO set to take stage at CES just after shares hit record high

San Francisco: So, Jensen Huang, the big guy at Nvidia, is gearing up to kick off CES with a keynote speech. This is happening right after their stock hit a record high of $149.43. Pretty impressive, right?

At CES, which runs from January 7-10 in Las Vegas, he’s expected to show off some new gaming chips and talk about how Nvidia is pushing its AI success into other areas. It’s like they’re trying to take over the world, one chip at a time!

Nvidia’s stock has been soaring, thanks to their booming data center business. Companies like OpenAI are using their chips to create cool AI tech. Analysts think this part of Nvidia could rake in around $113 billion this year, which is more than double what they made last year.

They’re not just about data centers, though. Nvidia still has a strong consumer side, selling graphics cards to gamers. That market is expected to bring in about $11.77 billion this year. They’re the top dogs in gaming chips, competing mainly with AMD and a bit with Intel.

Last year, they introduced their Blackwell AI server tech, and it looks like the new gaming chips will be based on that. These chips usually come with better performance and graphics, which gamers love.

Nvidia is also trying to break into the corporate PC market, making their gaming chips useful for AI tasks in business. This puts them in direct competition with Intel and Qualcomm, who are also banking on AI to boost PC sales.

Huang is set to take the stage at 9:30 p.m. ET, and everyone’s eager to see what he has in store.