Nvidia Chief Executive Jensen Huang is set to deliver the opening keynote speech at CES later on Monday and will likely unveil new videogame chips and detail efforts to parlay the company's success in artificial intelligence into other markets outside of the data center.

Huang’s hotly anticipated speech brought mention that Micron is providing memory for new Blackwell gaming chips.

"We still see CES as a positive catalyst, re-asserting NVDA's platform dominance/opportunity in high-growth markets," Bank of America said.