Tech Stocks Rally on AI Hype at CES Event, Nvidia Soars

The article discusses the surge in technology stocks, particularly those related to artificial intelligence (AI), following the Consumer Electronics Show (CES) event in Las Vegas. The hype surrounding AI and its potential applications fueled a rally in tech stocks, with Nvidia being a standout performer. The company’s shares soared over 25% after unveiling new AI chips and software tools. The article highlights the growing excitement around AI, with companies showcasing various AI-powered products and services at CES. However, it also cautions that the AI hype may be overblown, and investors should exercise caution when investing in AI-related stocks. The article emphasizes the importance of evaluating the underlying fundamentals and long-term prospects of companies rather than getting caught up in short-term hype.

Source: https://markets.businessinsider.com/news/stocks/stock-market-today-tech-rallies-ai-hype-ces-event-nvidia-2025-1