In a surprising twist, Nvidia’s stock slid by 3.4% following the much-anticipated keynote speech delivered by CEO Jensen Huang at the GTC 2025 conference in California. This event serves as a touchstone for investors, highlighting not only Nvidia’s innovations in AI technology but also the volatility affecting the broader tech market.
The State of Nvidia’s AI Chip Development
Nvidia’s recent conference saw CEO Jensen Huang confirming the launch of their upcoming AI chip, the Blackwell Ultra, expected in the second half of 2025. This new chip is positioned as a follow-up to the current-generation Blackwell GPUs, which achieved full-scale production in the last quarter, generating an impressive $11 billion in revenue despite earlier challenges related to overheating and production delays.
Huang emphasized the strong demand for the current Blackwell chips, stating, “Customer demand is incredible.” He reassured stakeholders that transitioning to the new Blackwell Ultra would be seamless, reflecting the confidence Nvidia has built among its clientele.
New Innovations: Superchips and Future Releases
Not stopping at the Blackwell Ultra, Nvidia took the opportunity to showcase the GB300 superchip, a product that integrates two Blackwell Ultras and one of its Grace CPUs. Furthermore, Huang outlined plans for future innovations, including the Vera Rubin and the Vera Rubin Ultra superchips, which are set for launch in 2026 and 2027 respectively. This continuous pipeline of AI solutions highlights Nvidia’s strategic focus on maintaining dominance in the rapidly evolving tech landscape.
Market Dynamics and Stock Fluctuations
Despite these advancements, Nvidia’s stock faced a decline amidst broader market trends that have affected large-cap tech stocks. The declines have been exacerbated by economic uncertainties, including recent tariff concerns and cuts to federal jobs stoked by the popularity of meme-based cryptocurrencies like DOGE. Notably, Nvidia’s stock is down approximately 14% year-to-date, a stark contrast to its record highs earlier in 2025. Analysts noted that the entry of the Nasdaq Composite into correction territory on March 6 and subsequent declines in the S&P 500 demonstrate a trend affecting the tech sector as a whole.
Analysts’ Perspectives and Predictions
Prominent analysts remain cautiously optimistic about Nvidia’s prospects. Dan Ives of Wedbush expressed hope that the GTC 2025 event would energize tech investors about the future of AI technology. He believes that the upcoming advancements and steady momentum in tech spending will provide a much-needed boost to investor sentiment.
Truist analyst Will Stein reiterated his bullish stance with a target price of $205, despite acknowledging a cyclical downturn that may temporarily hinder margins due to oversaturation of AI compute capacity among customers. He maintains that Nvidia’s innovative culture and substantial investments in its ecosystem will help further solidify its leadership in AI technology.
Conclusion
In summary, while Nvidia’s stock has dipped in the wake of its latest GTC conference, the company’s roadmap for innovative AI chips and superchips underscores its long-term potential. With investor concerns surrounding market volatility and cyclical downturns, the recent conference may serve as a critical juncture for Nvidia and the tech industry as a whole. Are we on the brink of a tech recovery fueled by advancements in AI, or will ongoing market dynamics challenge Nvidia’s leadership? Investors will need to stay tuned to navigate this evolving landscape.返回搜狐，查看更多
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