Nvidia Corp. investors have high hopes that Monday’s speech from CEO Jensen Huang will spark a fresh breakout in the chipmaker’s shares, which have plateaued since November after roaring higher for much of 2024.

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

Nvidia’s (NVDA) shares climbed by close to 5% on Monday in anticipation of chief executive Jensen Huang’s keynote at the Consumer Electronics Show.