Nvidia's GTC event could be a 'wake-up moment' for investors as the AI trade falters

Nvidia (NVDA) banal slid arsenic overmuch arsenic 3% Tuesday up of the AI chipmaker's yearly GTC league successful California starting Tuesday.

CEO Jensen Huang is acceptable to footwear disconnected the lawsuit with a keynote previewing what's up for the company. His commentary volition apt beryllium intimately watched by investors evaluating whether the AI commercialized inactive has country to run.

Nvidia banal has experienced important volatility successful 2025. Shares started the twelvemonth with a bang, hitting a grounds adjacent supra $149 successful aboriginal January. They tumbled erstwhile a caller AI exemplary from Chinese steadfast DeepSeek reignited concerns implicit an AI bubble and shaved astir $600 cardinal from the chipmaker's marketplace headdress successful a azygous day. In its astir caller rout, pursuing its 4th fourth net and heightened macroeconomic uncertainty, Nvidia saw its marketplace headdress losses from its grounds adjacent scope $1 trillion.

But Nvidia bull and Wedbush expert Dan Ives wrote successful a enactment to investors Tuesday that helium believes the company's GTC lawsuit successful San Jose, Calif., this week volition beryllium "a wake-up infinitesimal for the tech bulls."

Huang is expected to debut the company's upcoming Blackwell Ultra GPU (graphics processing unit, oregon AI chip), a successor to Nvidia's current-generation Blackwell AI chip, which the institution said achieved full-scale accumulation successful the astir caller quarter. Huang is besides expected to preview Nvidia's Vera Rubin superchip, the next-gen mentation of its latest Grace Blackwell superchips.

Overall, tech stocks person led the banal market's caller downturn. The Nasdaq (^IXIC) entered correction territory connected March 6, and the S&P 500 (^GSPC) followed suit a week later, arsenic Trump's tariffs and DOGE-driven cuts to national jobs fueled concerns implicit inflation.

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"We intelligibly request unchangeable Trump argumentation and investors request to cognize the rules of the crippled ... but that volition each hap implicit the coming months and we bash not judge this dramatically changes the trajectory of the AI Revolution," wrote Ives, aboriginal adding, "We judge this week's Nvidia GTC Conference volition beryllium a turning constituent for tech stocks arsenic the Street starts to refocus connected the AI Revolution and the monolithic tech spending up for the coming years."

Ives wrote that helium expects Huang to item Nvidia's "lingering worries astir DeepSeek, and besides absorption connected the carnal AI aboriginal with autonomous and robotics," among different topics.

Truist expert Will Stein besides stayed bullish connected Nvidia up of GTC, reiterating his Buy standing and $205 terms people connected the banal successful a enactment to investors Tuesday.