Nvidia Stock Price Outlook: GTC Conference Could Give NVDA Shares Boost

  • Investors will have their eyes on Nvidia’s big GTC conference this week.
  • The big AI event could give a badly needed boost to Nvidia stock after a 20% sell-off.
  • Wall Street is looking for updates on the rollout of the next-gen Blackwell GPU and other endeavors.

Nvidia’s big artificial intelligence event this week could provide some much-needed fuel for the chipmaker’s stock.

The Jensen Huang-led firm kicked off its annual GPU Technology Conference on Monday, its annual AI chips conference.

The hotly anticipated event, which takes place in San Jose, will include a keynote speech from Huang on Tuesday, during which investors are expecting key updates on the firm’s chip sales and the company’s…

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