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Markets Pause as CES AI Chip Roadmaps Arrive, Energy and Metals Rally on Venezuela News

Futures signal a reset in positioning as traders digest CES chip disclosures alongside commodity moves tied to Venezuela.

Overview

  • Nvidia CEO Jensen Huang unveiled the Vera Rubin AI superchip and outlined plans for a humanoid robot during CES in Las Vegas.
  • AMD CEO Lisa Su introduced the Helios system and highlighted major performance gains coming to its next data‑center GPUs.
  • U.S. stock futures were little changed after the Dow’s record close, with S&P 500 and Nasdaq contracts hovering near flat as investors reassessed the AI trade.
  • Oil stocks extended gains after reports that the U.S. captured Venezuela’s President Nicolás Maduro, and President Donald Trump encouraged U.S. oil investment in the country.
  • Copper set fresh records above $13,000 a ton while gold and silver traded near highs; Vistra agreed to buy Cogentrix for $4.7 billion as AI power needs climb, and memory shortages continued to lift Micron.