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…