By Lisa Kailai Han
Publication Date: 2026-03-10 17:15:00
As Nvidia gears up for its flagship GTC conference next week, Wall Street analysts are reiterating their bullish stance on the chipmaker. Nvidia’s annual GPU Tech Conference , or GTC, will take place in San Jose, California and run from March 16 to March 19. Truist Securities analyst William Stein, who called the event the “Super Bowl of AI,” anticipates the company to share its forecast for future supply and demand dynamics, its backlog and market growth opportunities. Stein and other Wall Street analysts are also looking forward to the company speaking on its emerging and broadened AI portfolio, which includes models and businesses. Wall Street shops also anticipate that the event will serve as a tailwind for shares of Nvidia. “We believe GTC will be a positive catalyst for NVDA because we expect management to signal that supply, production, and demand, all align to support continued growth in the near to medium term,” Stein wrote. “We do see an upside bias for the stock on the event, although it is hard to see NVDA being able to provide thesis-altering commentary that creates a breakout for the stock but we do see the company providing some more confidence around system scalability, networking leadership, and AI capex durability,” added UBS analyst Timothy Arcuri. Nvidia stock has been swept up in this year’s broad technology declines, and shares are down less than 1% for 2026. However, over the past 12 months the stock has surged 73%. NVDA 1Y mountain NVDA 1Y chart…
