Nobody can command a room of nerds like Nvidia CEO Jensen Huang, who wore an upgraded version of his signature leather jacket when he took the stage at the Consumer Electronics Show in Las Vegas last night.
The extra fancy fit was for good reason: Nvidia’s presentation “felt more like a rock concert vibe than a tech CEO speech,” wrote Wedbush analyst Dan Ives in a note today.
Tech companies of all shapes and sizes meet at the annual consumer tech conference to unveil a whole host of futuristic technology that seems like the stuff of sci-fi movies. Some new gadgets are a clever fix to a common problem, like Satechi’s new device that enables you to easily reach the Mac mini’s hidden power button—while others have a less obvious use, like Holoblox Mini, a device that creates a little hologram of you in a tiny box. Maybe a gift for your enemy?
But the headliner of the conference was, of course, AI giant Nvidia, which soared to a record high on Monday before falling 6.22% today.
Kingvidia’s highlight reel included:
- Robots, robots, and more robots: “The ChatGPT moment for general robotics is just around the corner,” Huang declared. Nvidia unveiled its platform to develop a slew of physical AI models—aka robots—as well as self-driving technology used by firms like Toyota and Continental.
- Back to its roots: The firm introduced a new upgraded GeForce RTX 50 series of graphic cards made for computers that can be used for AI and gaming.
- A chipper announcement: Nvidia unveiled its brand new AI superchip: the GB10.
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“This was a major ‘flex the muscles’ moment for Nvidia and Jensen in this AI arms race playing out across the tech ecosystem globally,” wrote Ives.
A few other tech bigwigs got a boost by association with Nvidia. Aurora Innovation jumped 29.08% after Huang announced that Nvidia was partnering with the company to produce a fleet of self-driving trucks. Fellow chipmaker Micron Technology leaped about 10% yesterday after Huang told the audience that Micron was providing memory for the GPUs for Nvidia’s new gaming chips.
CES also brought us a whole slew of fun gadgets you didn’t know you needed, like a laptop made from oyster shells, an electric spoon that convinces you your food is saltier than it actually is, and a tool to bring an AI camera to the one place you thought it would never touch: your garden.—LB