At one point, Nvidia rose more than 5%, and investors are looking forward to CEO Wong In-hoon's speech on Monday driving a new breakthrough in stock prices. The stock soared for most of 2024 and has been consolidating at a high level since November. Hwang In-hoon will deliver a speech at the much-anticipated Las Vegas Consumer Electronics Show (CES). Nvidia usually uses this event to showcase consumer devices using its chips. However, what investors want to focus on today is any review about Blackwell's chip, which is seen as Nvidia's next major growth driver. Despite strong demand, Blackwell is facing supply-level constraints, partly due to production challenges that have slowed its launch. “The expectation is that demand for Blackwell will remain strong,” said Matt Cioppa, portfolio manager for the Franklin Equities team. “This may put Nvidia's ultimate long-term opportunity back in the spotlight.” Investors have reason to be optimistic. In the past six months, Hwang In-hoon's comments on the demand for this kind of chip have boosted stock prices.