Nvidia GTC AI Conference: "Hype is certainly there"
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Ahead of Nvidia's (NVDA) highly anticipated GTC AI conference, Bernstein Managing Director and Senior Analyst Stacy Rasgon, joins Yahoo Finance Live to discuss what investors will keep a close eye on during the event.
Rasgon notes that the Nvidia event carries "a lot of expectations," especially since the last in-person gathering took place nearly four years ago. He highlights that the Blackwell products, Nvidia's next generation of offerings, will be at the center of the event. Investors are eagerly waiting to see "how much better it is than the current stuff," the timeline of releases, and how Nvidia's market can sustain growth moving forward.
Despite these concerns, Rasgon expresses his belief that no one will "walk out of this event feeling less bullish" on Nvidia and its AI offerings moving forward. He expects Nvidia to be "fully positive" about their products at the event, stating his conviction that Nvidia can reach a price target of $1,000.
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