“It’s a huge catalyst because they’ll probably give more information, not only on industry penetration,” said Ted Mortonson, technology desk sector strategist at Robert W. Baird & Co. He compared the gathering to Apple Inc.’s yearly product launch.
Nvidia Corp’s annual artificial intelligence conference is just days away and expectations are high for the semiconductor maker to deliver news that will sustain the blistering rally in its stock.
“Nvidia GTC,” the company’s graphics processing unit technology event, has quickly become a global AI conference for developers. It runs from March 18-21 in San Jose, California, with Chief Executive Officer Jensen Huang due to speak on the opening day. His comments may help Nvidia stock end a bout of volatility and resume its surge of more than 80% this year.
