Live from the NASDAQ Market State in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight.

Chips rip higher, the SMH ETS, seeing its best day since September.

NVIDIA is setting a record closed and nearly overtaking Apple in market cap once again.

But can the longtime AI darling keep its lead in the space?

We'll hunt for some answers.

And a potential shift in Trump's tariff policy helping shares of GM rev up today.

What's on the table now and what it could mean for the markets and trade.

Plus, bank stocks get a boost and we'll see some big tailwinds for one airline's shares

and why weight loss drugs may hit a wall just like your New Year's resolutions.

Let's hope not.

I'm Melissa Lee coming to you live from studio, be at the NASDAQ. I'm the death tonight.

Karen Feinerman, Dan Nathan, Guy Dami, and Chris Verone, head of technical analysis at Stratigas,

a Baird Company. And we start off as we return to all-time highs for NVID Nvidia, the semi-giant topping $150 a share for the first time since its

stock split, notching its first record close in two months, the AI darling jumping more than

3% today and is now up almost 9% in just five sessions. Today's move coming hours before

CEO. Jensen Huang takes the stage at CES in Las Vegas. Will he satisfy investors?

The company will keep the lead in the AI race. CNBC's Christina Parts Nevelas is here with more.

What can we expect Christina?

We can definitely expect that he's going to build momentum around this stock. And I say that

because just last year, the share price of NVIDIA shares actually jumped about 6% on day one for this company.

So what we are expecting from NVIDIA would be, it's AI-themed.

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