Nvidia Corp (NASDAQ:NVDA) is on the cusp of its annual artificial intelligence conference, with high expectations for the semiconductor giant to unveil news that could further fuel its stock’s impressive rally.
The Nvidia GTC, a premier event for GPU technology that has evolved into a critical global AI conference for developers, is scheduled to run from March 18-21 in San Jose, California.
Nvidia’s CEO, Jensen Huang, is slated to kick off the event with a keynote speech that could potentially stabilize the stock’s recent volatility and continue its significant upward trajectory of over 80% this year, Bloomberg reports.
Nvidia’s market capitalization recently surpassed $2 trillion, positioning it just $400 billion behind Apple Inc (NASDAQ:AAPL) as the second-most valuable company on Wall Street, following Microsoft Corp (NASDAQ:MSFT).
Analysts are projecting an 81% surge in Nvidia’s ...