Despite a tepid response in share price, Nick Patience says Nvidia (NVDA) provided important updates to its software and chips businesses, highlighting Dynamo as a key part of the company's inference growth. He says agentic A.I.
A section of Wall Street analysts has updated their outlook on Nvidia (NASDAQ: NVDA) in the wake of the company's annual GPU Technology Conference (GTC), running from March 17-21.
Following Jensen Huang's keynote address at Nvidia's (NVDA) GTC A.I. event, investors have a lot to parse through.
Nvidia's expansion into AI robotics is set to diversify its business, reducing semiconductor cyclicality and expanding its total addressable market (TAM). Recent market underperformance makes NVDA a "Buy" on the dip, especially with promising AI and robotics developments on the horizon. Nvidia's new Blackwell Ultra chip, with increased memory and bandwidth, is expected to drive significant demand from mega-cap tech firms.
It's been pretty hard to lose money investing in Nvidia (NVDA -3.31%) stock over the last few years. For the most part, any sell-offs witnessed in the stock were met with buyers eager to take advantage of depressed action -- thereby sending Nvidia stock right back up.
Gil Luria, D.A. Davidson senior software analyst, joins 'Squawk Box' to discuss key takeaways from Nvidia's GTC conference, the company's valuation, state of AI demand, and more.
Akin to many other superstar stocks of 2024, Nvidia (NASDAQ: NVDA) has been a major driver of investor fear in 2025.
Nvidia CEO Jensen Huang believes humanoid robots are less than five years away from seeing wide use in manufacturing facilities.
Competitively advantaged businesses set to benefit from the rapid growth of massive markets can be excellent investments. This is particularly true if you can buy them when their share prices are temporarily depressed.
The CEO's address at the chip maker's GTC event was applauded by Wall Street but the biggest leaps might require some patience.
At its annual GTC event in San Jose, Nvidia Corp (NASDAQ:NVDA, ETR:NVD) CEO Jensen Huang unveiled the Blackwell Ultra AI chip, the company's next-generation processor designed to push AI performance even further. The tech giant also introduced the GB300 superchip, which pairs two Blackwell Ultras with its Grace CPU to power AI workloads for tech giants like Amazon, Google, Microsoft, and Meta.
Nvidia (NVDA -3.31%) has its annual (and sometimes biannual) GTC event this week in San Jose, California. It runs from March 17 to March 21.