Dear NVDA Stock Fans, Mark Your Calendars for March 18

InvestorPlace03-12

Nvidia is getting ready for one of the year’s biggest tech events.The GTC Conference will bring some key product updates for investors.This means that NVDA stock will be in focus until March 18, when ...

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Merdeka1981
03-12
Merdeka1981
Time to stock split... it's getting unbearably expensive now.
jluxe8181
03-12
jluxe8181
$NVDA $1000

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Nvidia and NVDA stock investors are gearing up for the company’s GPU Technology Conference (GTC). Now, many eyes are on the artificial intelligence (AI) leader as it prepares for the event on March 18.Given how much NVDA stock has risen on the back of the AI boom, it makes sense that Nvidia would be hosting what is described as “the #1 AI conference for developers.” This year, the conference will also be held in person, allowing attendees the opportunity to hear a keynote address from CEO Jensen Huang and see many workshops and demonstrations.When Nvidia is in the spotlight, it tends to boost other AI stocks. Granted, NVDA stock has done an excellent job rising over the past six months. However, GTC has the potential to push shares up even more. Let’s take a closer look at why this event should matter to investors.NVDA Stock in 2024After surging during the 2023 AI boom, some experts suggested that NVDA didn’t have much more room to run. However, just in past six months, shares have risen more than 90%. This indicates two things: 1) Nvidia may be able to fly even higher from here and 2) the AI market remains red hot. Indeed, investor enthusiasm is still skyrocketing, making now an excellent time for Nvidia to provide key updates at the conference.For anyone following the rapidly evolving world of AI, this conference is a can’t-miss event. In the short term, then, NVDA stock is likely to rise as anticipation builds for what the company will announce.What Comes Next?As NVDA has skyrocketed, many experts have wondered how long Nvidia can maintain its dominance. The company produces key tech needed for AI development. But as The Wall Street Journal reports, the chipmaker is in rapidly shifting market.InvestorPlace’s Luke Lango has noted that this poses challenges for NVDA stock. Still, while it is presently unclear who the ultimate AI winner will be, companies like Nvidia have the opportunity to grow even more.What Nvidia rolls out in the coming year will do much to determine whether it can remain an AI winner. 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