Nvidia CEO Jensen Huang told reporters at the company's GTC conference that the chipmaker is gearing up to sell its H200 processors to customers in China. "We have received purchase orders, and we're in the process of restarting our manufacturing," Huang said.
If you think that NVIDIA's NASDAQ: NVDA rally-to-date has been impressive, just wait for what comes next. News revealed at the GTC developer conference shows the AI boom is still growing, much larger and faster than expected, indicating potential for another series of triple-digit gains.
AI is back in the Wall Street spotlight.
NVIDIA sees up to $1T in AI chip orders by 2027, boosting ETFs with heavy exposure as inference demand and new platforms fuel long-term growth.
NVDA's Vera Rubin platform signals a shift to full-stack AI infrastructure, promising higher efficiency, lower costs and stronger dominance in compute markets.
J launches an AI Data Center Digital Twin with NVIDIA to simulate gigawatt-scale infrastructure, aiming to speed deployment and optimize energy performance.
Shares of Nvidia edged lower in early trading following CEO Jensen Huang's keynote at the company's developer conference, as investors remained unconvinced the event would reignite the stock's rally. Nvidia shares were down 0.4% at $182.42 after gaining just 1.7% in the previous session.
History and current fundamentals suggest this Iran-related volatility is likely another chapter in the long pattern of markets looking past conflicts.
Plus, OpenAI cuts side projects and Oracle's performance obligations
NVIDIA ( NASDAQ:NVDA | NVDA Price Prediction) has been consolidating near the $180 range after a strong 12-month run.
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Nvidia (NASDAQ: NVDA) is paying its first dividend of 2026 next month, on April 1.