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Jensen Huang's CES keynote lacked 'surprise remarks'… NVIDIA down 0.39%↓

Source
Korea Economic Daily
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Summary

  • It reported that NVIDIA closed down 0.39% ahead of Jensen Huang's CES keynote.
  • It said it was showing an additional 0.22% decline in after-hours trading.
  • It reported that the absence of 'surprise remarks' in CEO Huang's keynote that exceeded market expectations was analyzed as a reason for the decline.

Right after market close, Jensen Huang CES keynote

Closed slightly down as there were no surprise remarks yet

Photo=Mijansk786/Shutterstock
Photo=Mijansk786/Shutterstock

NVIDIA closed slightly lower ahead of Jensen Huang, NVIDIA's chief executive officer (CEO), delivering a keynote at CES, the world's largest consumer electronics and information technology (IT) exhibition.

On the 5th (local time) in New York trading, NVIDIA closed down 0.39% at 188.12 dollars. It was also down 0.22% in after-hours trading.

This is believed to be because CEO Huang had not yet made a 'surprise remark' in his keynote that would astonish the market. CEO Huang is giving his CES keynote in Las Vegas starting at 4 p.m., immediately after the market close (6 a.m. KST on the 6th).

Su-bin Park, Hankyung.com reporter waterbean@hankyung.com

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Korea Economic Daily

hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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