Nvidia's stock, trading under the ticker $NVDA, reached a new all-time high of $153.58 in premarket trading on January 7, 2025, pushing its market capitalization beyond $3.7 trillion. The surge in share price followed the unveiling of new AI superchips and robotics technology by CEO Jensen Huang at the Consumer Electronics Show (CES) 2025. Investors reacted positively to the launch of Nvidia's Blackwell GeForce RTX 50 GPUs, which promise enhanced performance. However, following the initial spike, Nvidia shares experienced a decline of 6.2% as investors took profits after the recent rally. Huang also commented on Elon Musk's work in artificial intelligence, highlighting Musk's focus on xAI, autonomous vehicles, and humanoid robotics as critical areas of development.