Nvidia (NVDA) stock rose slightly in pre-market trading, up about 1%, as investors digested the news stream from Chipmaker's annual GTC event.
Highlights: CEO Jensen Fan announced the next generation of Blackwell Ultra Chip at Tuesday's keynote speech. Latest: Nvidia is taking part in a project supported by Abu Dhabi to develop the AI infrastructure pioneered by Microsoft (MSFT) and BlackRock (BLK).
After AI Bellwether's shares fell below 3% on Tuesday, the shares are set to pull back some losses. However, the ju umpire is still out as to whether Nvidia gave the Stockbulls the really fresh catalyst they want, reports Brian Sozzi of Yahoo Finance.
“Jensen delivered the goods and gave Nvidia's Grand AI vision. That's what long-term investors want. In the short term, traders wanted something more detailed. “I scored this. [an] A+ Keynote – An inflection point in AI spending. ”
I'm talking about what Wall Street is saying here..
