"Nvidia's Anticipated GTC Event: What to Expect and Why It Matters"
TL;DR
Nvidia is set to unveil its latest tech, including the RTX 50-series "Blackwell" GB203 and new GB205 GPUs, at the 2024 GTC event. Despite a recent stock decline, Wedbush analysts raised their price target on Nvidia to $1,000 per share. Matt Bryson of Wedbush Securities discusses the semiconductor landscape, highlighting Nvidia's efforts to maintain its market share lead and the potential impact on competitors like Intel and AMD. Additionally, Intel's funding situation for chip manufacturing is under scrutiny.
- Nvidia to showcase new Blackwell GPU at GTC event Yahoo Finance
- Nvidia Stock Drops. What the Chip Maker Needs to Deliver at Its Showcase Event. Barron's
- Nvidia’s stock continues pullback even as analysts are getting more bullish MarketWatch
- Dear NVDA Stock Fans, Mark Your Calendars for March 18 InvestorPlace
- Nvidia looks to bank on positive news pouring from GTC: Wedbush Seeking Alpha
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