"Nvidia's Stock Surges to Record High on Bullish CES Outlook and Healthcare Partnerships"

Chip stocks, including Nvidia, rose as the company unveiled new graphics chips for PCs and secured deals with Chinese car-makers. Arm's chip-design company saw a 7% increase, while Advanced Micro Devices, Intel, Broadcom, and Qualcomm also experienced gains, boosting the PHLX Semiconductor Index. Nvidia's shares rose by over 4% to above $511, potentially closing at a record high, reflecting the growing interest in AI systems that its chips are essential in creating.