By Yun Li
Publication Date: 2026-03-16 13:56:00
Shares of Nvidia climbed ahead of its closely watched developer conference this week as investors bet the event will offer fresh insight into the durability of the artificial intelligence spending boom and the chipmaker’s next generation of processors. The stock advanced about 2% on Monday ahead of the company’s annual GTC conference, where CEO Jensen Huang is scheduled to deliver a keynote address at 2 p.m. ET. The gathering has become an increasingly important venue for Nvidia to outline its technology road map and reinforce investor confidence in demand for AI infrastructure. AI spending debate Analysts say the biggest question hanging over the semiconductor sector is whether hyperscaler spending on AI hardware can remain as strong as it has been over the past two years. “We believe that NVIDIA is due to catch up to other stocks in the supply chain, and see this as a very good entry point,” analysts at Morgan Stanley wrote in a preview note, reiterating the chipmaker as their top pick in semiconductors. The firm said the conference could help address investor debate around Nvidia’s long-term market share as competitors such as Advanced Micro Devices and custom AI chips gain traction. Analysts at Wells Fargo said Nvidia’s underperformance relative to the broader semiconductor sector this year has become a frequent topic among investors. The stock is down about 3% year to date compared with an 8% gain for the VanEck Semiconductor ETF . NVDA YTD mountain Nvidia year to…
