Site icon VMVirtualMachine.com

Nvidia stock rises as GTC leaves Wall Street analysts ‘comfortable with long term AI demand’

Nvidia stock rises as GTC leaves Wall Street analysts ‘comfortable with long term AI demand’

Nvidia (NVDA) stock rose more than 2% Wednesday, stemming losses from a two-day slide that saw shares drop 5% as the AI chipmaker’s annual GTC event failed to excite investors amid a broader market downturn.

Nvidia stock’s reversal comes as Wall Street analysts walked away from CEO Jensen Huang’s closely watched GTC 2025 keynote Tuesday optimistic about the company’s roadmap and AI demand, doubling down on their bullish outlooks on the chipmaker in notes to investors. Those…

Article Source
https://finance.yahoo.com/news/nvidia-stock-rises-as-gtc-leaves-wall-street-analysts-comfortable-with-long-term-ai-demand-132448992.html

Exit mobile version