Nvidia is holding its annual developer conference and investors are excited to see signs of the company’s growth. The conference is expected to be a catalyst for the stock, which has seen an 80% surge since the beginning of the year. The conference is anticipated to be the platform for the announcement of the new Blackwell 100 processor, which is expected to outperform the upcoming h200 processor. The RTX 590 is expected to be 50% to 70% more powerful than the 490, demonstrating Nvidia’s cutting-edge technology. The company leads on everything, from power to speed to the integration of software and hardware. Nvidia is a core holding in the AI investing theme, and its dominance in the industry is expected to continue.
Nvidia’s dominance is expected due to Jensen Huang’s foresight in preparing the company for the rise of artificial intelligence. Huang saw what others have only come to realize in recent years – that AI would be an essential component of every business. He has built out the capabilities to enable AI to be utilized in healthcare for drug testing and development, for genomic mapping, and other frontiers that have yet to be addressed.
Investors are eagerly anticipating Nvidia’s annual developer conference, set to live for the first time in five years. The conference is expected to attract over 18,000 attendees. The big focus of the event will be the announcement of the new Blackwell 100 processor, which is expected to be even more powerful than the upcoming h200 processor.
Nvidia leads in everything, including power, speed, and the integration of software and hardware. The company is expected to continue its AI dominance, making it a core holding in the AI investing theme.
Hot Take:
Nvidia’s annual developer conference is eagerly anticipated by investors. The conference is expected to be a platform for the announcement of the new Blackwell 100 processor and further solidify Nvidia’s lead in AI and other frontiers. Nvidia’s cutting-edge technology and capabilities enable it to be a core holding in the AI investing theme. With Jensen Huang’s foresight, Nvidia is expected to continue its dominance in the industry.