Nvidia's AI Conference Is Opportunity to Reassure on Outlook -- Market Talk
0952 GMT - Nvidia's artificial-intelligence conference this week is an opportunity for the tech giant to allay concerns about the outlook and demand for AI chips, XTB research director Kathleen Brooks writes in a note to clients. Chinese AI company DeepSeek rattled markets in January after it developed a model that it said nearly matched American rivals despite using inferior chips, casting doubt on the need to spend huge sums on advanced gear provided by Nvidia and other tech giants. Brooks says Nvidia now has a chance to fight back at the weeklong AI event in San Jose, Calif., known as GTC. The event will feature a keynote speech from Chief Executive Jensen Huang. Nvidia shares are up 0.9% premarket at $122.79.