Shares of Nvidia edged lower in early trading following CEO Jensen Huang’s keynote at the company’s developer conference, as investors remained unconvinced the event would reignite the stock’s rally.
Nvidia shares were down 0.4% at $182.42 after gaining just 1.7% in the previous session.
The muted reaction continues a pattern seen in recent conferences.
After the October 2025 GTC event, the stock fell 2% the following day, while earlier events in March 2025 and March 2024 had triggered gains of just over 3%.
At the recently concluded GTC 2026, $NVIDIA(NVDA)$ unveiled nearly its entire arsenal: the Vera Rubin architecture pushing the limits of compute, the acquisition of Groq bringing LPUs to strengthen inference capabilities, and the OpenClaw agent strategy. Jensen Huang has effectively completed a transformation—from “selling chips” to becoming a full-stack AI service provider.
Jensen Huang’s $1 trillion outlook briefly pushed NVIDIA’s stock up more than 4.3%.
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