Mar 19, 05:18 PM

Nvidia Shares Drop Over 3% After GTC Conference Despite AI Chip Unveilings and $170-$205 Analyst Price Targets

Shares of Nvidia Corp (NVDA) fell over 3% on March 18, 2025, despite the company's unveiling of next-generation artificial intelligence chips during its annual GPU Technology Conference (GTC). The decline in stock price reflects broader challenges facing the technology sector, as investor sentiment remains cautious. Analysts noted that while Nvidia's CEO Jensen Huang presented a robust AI roadmap, including updates on the Blackwell Ultra chips, the market response was muted. Several analysts reaffirmed their positive outlook on Nvidia, with JPMorgan maintaining an overweight rating and a price target of $170, and Truist Securities reiterating a buy rating with a price target of $205, citing strong demand for AI computing and growth potential.

#Nvidia Corp #NVDA #GPU Technology Conference #GTC #Nvidia #Jensen Huang #Blackwell Ultra #JPMorgan #Truist Securities

Written with ChatGPT (GPT-4o mini).

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Nvidia Shares Drop Over 3% After GTC Conference Despite AI Chip Unveilings and $170-$205 Analyst Price Targets

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