Nvidia (NVDA -2.09%) CEO Jensen Huang has the honor of giving the opening keynote speech at the 2025 Consumer Electronics Show (CES), which is scheduled to run from Monday, Jan. 6 through Friday, Jan. 10 in Las Vegas. Huang’s keynote is slated for Monday, Jan. 6 at 9:30 p.m. ET and will probably be about an hour.
It’s fitting that Huang is kicking off the 2025 CES. This annual happening is billed as “The Most Powerful Tech Event in the World,” and Huang leads what is arguably the most powerful tech company in the world. Nvidia’s graphics processing units (GPUs) and related technology dominate the fast-growing artificial intelligence (AI) chip and tech space. Moreover, Nvidia is the second most valuable company in the world by market cap, slightly trailing Apple, and its stock has soared 172% this year through Friday, Dec. 20.
At the annual CES, many big tech companies and start-ups launch a wide variety of innovative technology products and unveil futuristic concepts that they aim to someday commercialize. The CES is a trade-only event, but the Consumer Technology Association (CTA), which owns the CES, live streams a portion of the conference, and the streams are free to the public.
What can Nvidia investors expect from CES 2025?
A good chance Nvidia’s product launches and other announcements will be more exciting than usual
Nvidia and its many partners always launch or announce inventive and sometimes groundbreaking new products and concepts at the CES. However, Nvidia often saves some of its most exciting product launches and announcements for its annual GTC (GPU Technology Conference) events.
I think there’s a good chance that Nvidia will share even more exciting news than usual at the 2025 CES. Huang’s kicking off this year’s tech extravaganza means that he will have the attention of a huge audience, both live and streamers. The 2024 CES drew over 138,000 attendees — 40% of them from outside the U.S. — and featured more than 4,300 exhibitors, according to the CTA. So it seems likely that Huang will particularly want to “wow” viewers.
Is a Nvidia stock breakout coming soon?
While Nvidia stock has performed tremendously this year — it’s up 172% so far in 2024 — its entire gain was achieved in the first half of the year. On Friday, Dec. 20, Nvidia stock closed at $134.70. That’s down from its all-time closing high of $148.87, notched on Nov. 7, and very close to its closing price on June 18 of $135.56.
Nvidia stock got a nice boost from the 2024 CES — specifically, from the start of the event to the first trading day after the event ended. And if a similar dynamic occurs again in 2025, Nvidia stock will rise during the period from Jan. 6, when Huang opens the event, through Jan. 13, the first trading day after the CES ends. Of course, there are no guarantees.
The below chart shows how Nvidia stock and the S&P 500 and Nasdaq Composite indexes performed on the first trading day of the 2024 CES. The Nasdaq is probably the better index for context since it’s heavily composed of tech stocks.
Jan. 8, 2024 was the first full day of CES 2024 and included a team from Nvidia giving a half-hour “special address” at 11 a.m. ET. The team introduced Nvidia’s latest generative AI innovations for gaming, content creation, laptops, and robotics, including new gaming GPUs and generative AI models. They also announced that several electric-vehicle (EV) makers selected the Nvidia DRIVE platform for automated driving.
Data by YCharts.
The below chart shows Nvidia stock’s performance from the start of CES 2024 through the first trading day after the event ended.
Data by YCharts.
There is also another upcoming possible positive stimulus for Nvidia stock — a so-called Santa Claus rally. This term generally refers to the tendency of the stock market to rise slightly during the last five trading days in December and the first two trading days in the following January. For this season, those dates would be Tuesday, Dec. 24 through Friday, Jan. 3, excluding Wednesday, Dec. 25 and Wednesday, Jan. 1 as the U.S. stock market is closed on Christmas and New Year’s Day.
A great stock for the long term
Naturally, it would be great for investors if Nvidia stock breaks out of its recent trading range soon, thanks to a Santa Claus rally and/or investor enthusiasm about the news from the CES. But it’s no matter if this doesn’t happen. Nvidia stock is poised to continue to be a long-term winner, as the company is, arguably, the most important company in the AI space — and the adoption of AI is still in its early innings.
If Nvidia stock doesn’t break out in January, there’s always February. The company is scheduled to release its results for the fourth quarter of fiscal 2025 after the market close on Wednesday, Feb. 26.