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What Analysts Think of Nvidia Stock Ahead of CEO Jensen Huang's CES Keynote
Nvidia CEO Jensen Huang will deliver a keynote address at a major consumer electronics show on Monday.Analysts expect Nvidia to raise sales expectations for its Blackwell GPUs amid huge demand for AI chips.The event is seen as a potential growth catalyst for Nvidia, even after the company's shares surged about 170% in 2024.Nvidia Chief Executive Officer Jensen Huang will deliver the opening keynote at a major consumer electronics show on Monday, with many analysts viewing the event as a potential growth catalyst for the chipmaking giant.When Huang delivers the keynote address on Monday, the spotlight will be on Nvidia’s Blackwell GPUs, which are used to power generative artificial intelligence processes like large language models .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 “insane” demand. On Nvidia’s earnings call in November, Huang said Nvidia expects to deliver more Bl
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