PYMNTS.com January 7, 2025

Nvidia CEO Jensen Huang on Monday (Dec. 6) unveiled next-generation chips, new large language models, a mini artificial intelligence (AI) supercomputer, and a partnership with Toyota as the world’s second-most valuable company continues to aggressively expand its business.

“It’s been an extraordinary journey, extraordinary year,” Huang said to a packed crowd during a keynote address Monday at the CES trade show, where he wore a shiny version of his trademark leather jacket to fit in with the Las Vegas venue. This year’s CES event continues this week.

Shares of Nvidia closed at a record high of $149.43 hours ahead of his speech. Chip stocks got a lift after Foxconn, an Apple supplier that assembles AI servers for tech company clients,...

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Topics: AI (Artificial Intelligence), Technology
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