Nvidia Advances AI, Investors Sell

This is a Nvidia news story, published by Investor's Business Daily, that relates primarily to Jensen Huang news.

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Nvidia GPUs

Investor's Business Daily

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Technology

Investors mostly sold Nvidia stock on the company's AI and accelerated computing announcements

Summary

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79% Informative

Nvidia wowed technologists with its advancements in artificial intelligence and accelerated computing on Tuesday .

Chief Executive Jensen Huang discussed how Nvidia is driving the industry into the next stage of AI with systems that can reason.

Wall Street analysts were generally upbeat about Nvidia 's presentation, saying it reinforced bullish forecasts for data center spending.

Nvidia also made news on the quantum computing front.

The company provided a "strong pushback against the DeepSeek bear theses," as it showed that AI reasoning will require more than 100 times more compute than traditional large language models, he said. Buchalter kept his buy rating on Nvidia stock with a price target of 175 . Follow Patrick Seitz on X, formerly Twitter , at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks. YOU MAY ALSO LIKE:.

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