Nvidia (NASDAQ:NVDA) Expected to Reveal New Chips at GTC Today as AI Demands Bigger GPUs

Nvidia (NASDAQ:NVDA) Expected to Reveal New Chips at GTC Today as AI Demands Bigger GPUs

  • 18.03.2025 06:20
  • markets.businessinsider.com
  • Keywords: AI, GPU

Nvidia is expected to unveil new AI chips, including the Blackwell Ultra and Rubin GPU, at its GTC conference. These advancements aim to meet growing demand for powerful GPUs in AI inference, with competition heating up from tech giants like Amazon and Alphabet. Investors are closely watching for potential breakthroughs as Nvidia faces challenges in the rapidly evolving AI landscape.

Nvidia ProductsNVDAsentiment_satisfiedCsentiment_neutralAMZNsentiment_dissatisfiedGOOGLsentiment_neutral
open_in_newOriginal article

Estimated market influence

Nvidia

Nvidia

Positivesentiment_satisfied
Analyst rating: Strong buy

Nvidia is a major player in AI chips and their new products could boost investor confidence.

Citigroup

Citigroup

Neutralsentiment_neutral
Analyst rating: Buy

Mentioned as an analyst firm providing insights on Nvidia's performance.

Amazon

Amazon

Negativesentiment_dissatisfied
Analyst rating: Strong buy

Competitor developing their own AI chips, which could impact Nvidia's market share.

Alphabet

Alphabet

Neutralsentiment_neutral
Analyst rating: Buy

Mentioned as a competitor in AI chip development.

Context

Analysis of Nvidia's Upcoming GTC Event and Market Implications

Overview

  • Event: Nvidia's GTC developers conference in San Jose, California.
  • Date: March 18, 2025.

Product Launches

  • Blackwell Ultra: Expected to be unveiled as a high-performance AI chip.
  • Rubin: Next-generation AI GPU set for launch in 2026.

Performance Metrics

  • Blackwell Performance: Delivered 30x faster performance on AI inferencing compared to the previous generation.
  • Rubin Anticipations: Expected to achieve similar performance improvements as Blackwell.

Market Dynamics

  • Shift in Demand: Focus has shifted from training models (GPU) to inference (operating LLMs).
  • Stock Performance: NVDA has a Strong Buy consensus rating with a price target of $177.23, implying a 48% upside.

Competitive Landscape

  • Competition: Tech giants like Amazon and Alphabet are developing their own AI inference chips.
  • China's Breakthroughs: Advances in AI without reliance on expensive Nvidia chips.

This analysis highlights the critical role of innovation in AI hardware for Nvidia, the competitive pressures from major tech companies, and the potential market impact of upcoming product launches.