GBP/CHF Price & Performance (GBPCHF)

Nvidia's annual GTC conference kicks off today, with investors focusing on updates about the Blackwell AI chip. The company, despite strong financial results, has seen a 20% stock drop from its peak. Analysts await CEO Jensen Huang's keynote for clarity on Nvidia's strategy amidst evolving AI market demands.1

Nvidia's dominance in the GPU market is set to continue, driven by surging demand for generative AI applications. The Blackwell chip, launching in 2025, is expected to strengthen its position. The AI market, projected to reach $500 billion by 2030, offers Nvidia significant revenue opportunities, despite short-term challenges.1

Despite a 20% drop in share price, Nvidia's forward P/E ratio of 27 suggests an attractive valuation. With guaranteed orders from major tech firms and a projected $43 billion in Q1 2026 revenue, Nvidia's long-term prospects remain robust. Risks include export restrictions and margin pressures.1