Nvidia is the talk of the town and many investors expect its business to keep skyrocketing. But the enthusiasm has its limits. Some would say that Nvidia's soaring stock price alr

"We could go back to quarters where the stock sells off, bears come out of hibernation mode, stock goes to $100, then all of a sudden, two months later, back up to all-time highs," Ives continued. "These knee-jerk reactions, it’s easy to get scared by them because they don’t say anything about near-term demand."

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's stock is fluctuating around $140 a share, with focus on the 50-day moving average. Upcoming highlights include CEO Jensen Wang's presentation at SEC 2025 on AI and robotics, potentially impacting market reactions.