At the Consumer Electronics Show (CES) in Las Vegas, NVIDIA’s CEO Jensen Huang introduced the latest line of RTX 50 series GPUs and confirmed that the Blackwell AI chips have entered full production. Shares of NVIDIA opened at $153.03 on Tuesday, reaching a new record high as investors cheered the company’s continued dominance in the rapidly growing AI sector.
Key Highlights from Huang’s Announcement

RTX 50 Series GPUs:

The RTX 50 series will deliver at least double the performance of the previous RTX 40 series, with AI-enhanced capabilities for improved graphical processing.
The RTX 5090, the flagship GPU, is expected to be a significant performance boost for gamers and professionals alike.

Blackwell AI Chips:

The Blackwell chips are now in full production and are poised to play a crucial role in Nvidia’s growth, particularly as tech companies increase capital spending on data center infrastructure for AI development.

Power Efficiency & Performance:

Huang emphasized that the Blackwell chips would be more power-efficient than earlier models, offering substantial gains in performance, addressing the growing need for efficiency in AI and computing workloads.

AI Models and “AI Agents”:

NVIDIA also introduced its in-house AI models designed to run locally on Nvidia chips, alongside the concept of “AI agents”—specialized AI programs aimed at handling specific tasks across various domains.

Market Impact
NVIDIA has been at the heart of an unprecedented valuation surge, adding around $2 trillion to its market capitalization in the past year, driven by investor excitement about the company’s central role in the AI revolution.
For further details on this announcement and NVIDIA’s strategic moves, refer to more in-depth coverage from Bloomberg and TechCrunch. Additionally, insights into market valuations and key earnings information can be found via FMP’s Earnings Calendar and Company Rating.