Nvidia stock falls after GTC keynote, investors wary
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- Nvidia's stock fell after Jensen Huang’s GTC keynote, despite the event’s bullish projections.
- Jensen Huang projected $1 trillion in purchase orders for Nvidia’s Blackwell and Vera Rubin chips by the end of 2027.
- Nvidia reported a 73% year‑over‑year revenue increase in its most recent quarter, beating its own lofty goals.
- Daniel Newman argued that enterprise AI adoption is on the brink of rapid scaling, countering media narratives of low adoption.
- Amazon announced a plan to purchase 1 million GPUs and other AI infrastructure for AWS by the end of 2027.
- Kevin Cook said the broader economy is “orbiting around” Nvidia’s AI platforms, underscoring the company’s central role in hardware and software infrastructure.
Why it matters: Investors see a pull‑back as Nvidia’s stock slides, while the company secures massive future chip orders and a 73% revenue jump, reinforcing its pivotal role in AI infrastructure. The contrast highlights a valuation gap between market optimism and Wall Street’s risk‑averse stance.
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