Nvidia shares had run up in advance of the event, but CEO Jensen Huang didn’t mention Rubin, the company’s next chip family.

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

Nvidia stock briefly touched a new record Tuesday following a high-profile speech from its billionaire leader Jensen Huang, an address teasing the next big thing in artificial intelligence which also inspired rallies from the stocks of several other companies in Nvidia’s orbit,