The GPU giant laid out a very smart approach to agentic AI earlier this month at CES, but it could do more to clarify its business model and its software strategy.

Nvidia (NASDAQ:NVDA) has undoubtedly created many millionaires over the past few years. Artificial intelligence and demand for accelerators like the ones the chipmaker makes has driven NVDA stock to record highs.

Nvidia climbed 8.8%, with the rally gaining steam throughout the day and closing near session highs. The stock at one point shortly after the open was in the red. That bounce comes after stock plunged 17% on Monday and slashed more than $595 billion from the company's valuation,