The new Nvidia RTX Blackwell chip launched at CES 2025 could push Nvidia stock past $160. CEO Jensen Huang showed off the RTX Blackwell line at the event. The stock jumped 3.43% to $149.43 right after. “Blackwell is in full production, and the GPUs will be available for sale later in January,” Huang said at the event.
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NVIDIA’s RTX Blackwell Series: What the Latest Chip Means for Stock and Future Growth
RTX Blackwell Lineup Details
The RTX Blackwell chip powers the main RTX 5090, costing $2,000. Three other models round out the line: RTX 5080 ($999), 5070 Ti ($749), and 5070 ($549). Huang said the company had fixed its supply issues and could now make more chips. This new chip technology helps Nvidia meet the huge demand from gamers and AI users worldwide.
Asian Market Response
Asian chip stocks rose sharply after the RTX Blackwell news hit markets worldwide. “There’s been some great AI-supportive newsflow to start the year,” said Andrew Jackson from Ortus Advisors Pte. Major suppliers Tokyo Electron and Advantest saw their stock jump over 6% in one day. The new chip technology pushed other companies up, too, with Hon Hai Precision growing by 4.1%. These gains show strong market faith in Nvidia stock potential.
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New Partnerships Boost Growth
The RTX Blackwell chip now powers more than just gaming systems. Toyota Motor Corp. picked it for their self-driving cars, showing how well the technology works in different fields. This key deal, plus Microsoft’s huge $80 billion spend on AI centers, helps push Nvidia stock toward $160. The car industry opens up whole new markets for Nvidia’s products.
Market Outlook and Future Potential
As Nvidia stock keeps hitting new highs, many experts see $160 coming soon. Jackson thinks chip makers will keep growing strong, especially those in Nvidia’s supply chain. The RTX Blackwell chip brings top gaming features and AI power together, making it vital in chip technology markets. Asian market gains and new deals show wide support for Nvidia’s plans. The mix of gaming and AI could drive growth for years ahead.
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