Nvidia stock (NVDA) reached new heights in 2024, buoyed by demand for its artificial intelligence (AI)-enabling graphics processing units

Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 5.1% in the morning session after market sentiment improved ahead of CEO Jensen Huang's speech at CES (Consumer Electronic Show) 2025.

Nvidia (NVDA) stock price saw notable gains as the GPU manufacturer unveiled a stockpile of advancements in CES 2025, challenging Apple's dominance in the tech space.

Jensen Huang unveiled the chip designer’s next-generation gaming graphics cards at the CES tech trade show in Las Vegas on Monday.

Nvidia (NASDAQ: NVDA) stock hit a new all-time high Monday morning, shaking off its mid-December slump and jumping as much as 5.3%. As of 1:19 p.m. ET, the stock was still up 4.7%. There were a couple of developments that sent the artificial intelligence (AI) chipmaker higher,