Nvidia stock rose on Monday, January 5, 2026, ahead of CEO Jensen Huang's keynote presentation at the Consumer Electronics Show (CES) in Las Vegas. The stock gained 0.8% to $190.28 in early trading, extending a 1.3% rise from the previous Friday. This movement occurred amid broader strength in semiconductor stocks, with the VanEck Semiconductor ETF gaining 1.7%.
Investors are closely watching Huang's scheduled "special presentation" at 4 p.m. Eastern Time, which is expected to provide updates on Nvidia's roadmap in artificial intelligence, robotics, simulation, gaming, and content creation. The presentation will be streamed live on Nvidia's official channels. The company has indicated CES 2026 will feature over 20 demonstrations of "cutting-edge" technologies in these fields.
Market sentiment was further buoyed by positive signals from Nvidia's manufacturing partner, Foxconn (Hon Hai Precision Industry). Foxconn reported a 22% rise in fourth-quarter revenue and indicated its first-quarter performance would likely be at the upper end of its historical range. The company highlighted that its cloud and networking segment, which includes AI servers, is now its largest business, with shipments of AI rack systems continuing to ramp up. This is seen as a positive indicator for sustained demand for Nvidia's GPUs used in AI infrastructure.
Analyst Jordan Klein of Mizuho noted that the tone of CES announcements could have broader implications for the semiconductor trade, suggesting the sector could have more upside if newsflow is perceived as bullish.
In a separate development at CES, Intel officially unveiled its Panther Lake laptop processors, marking its first commercial product built on the advanced 18A manufacturing process. Branded as Intel Core Ultra Series 3, the chip promises up to 60% better performance than the prior generation and is designed for AI-capable laptops, featuring an integrated Neural Processing Unit (NPU).
Despite the technological milestone, Intel's stock traded modestly lower following the announcement. The muted reaction reflects investor caution regarding execution, scale, and timing, as early availability in 2025 appears limited. The launch is viewed as a critical credibility milestone for Intel's foundry business and turnaround strategy, but its immediate financial impact is expected to be limited. Intel is promoting the chip's on-device AI capabilities through its OpenVINO developer toolkit.
