Nvidia shares’ outlook still looks “pretty darn good” after its valuation increased tenfold over the last two years, remarked one analyst.

Key Takeaways Nvidia's market capitalization overtook Microsoft's on Monday, making it the second-largest company in the world behind Apple.The semiconductor company and its partners are seeing robust demand for products to support artificial intelligence (AI).

Nvidia's stock has been soaring like an eagle on Ritalin over the past year, while Intel's stock has lost more than 60% of its value in the same period. This situation has exploded the Nvidia CEO's net worth to over $100 billion,

Nvidia CEO Jensen Huang will deliver a keynote at CES 2025 in January. The keynote will take place on January 6th at 6:30PM PT / 9:30PM ET, just a day before the Consumer Electronics Show opens its doors in Las Vegas. It comes amid rumors of next-gen Nvidia GPUs appearing early next year.

CTA has confirmed that Nvidia CEO Jensen Huang will be the keynote speaker at the CES 2025 tradeshow next year. Nvidia could possibly introduce the RTX 50 series during the keynote.

A Melius Research analyst says “you still get some eye rolls when you reiterate this buy,” but the setup for Nvidia shares “is still pretty darn good.”

Nvidia stock was falling early on Monday. The chip maker looked to be weighed down by wider market moves and further reports of government pressure in China for local companies not to use its hardware.

Management says the Blackwell architecture for its latest GPUs is much more energy efficient. Why demand for Nvidia's GPUs is likely to remain robust for the foreseeable future. Nvidia ( NVDA 1.69%) has been one of the best performing stocks the past few years,