(Boursier.com) — Nvidia gained 2% before market on Wall Street this Monday. The American graphics and AI chip giant kicks off its annual GTC conference this Monday. Jensen Huang, its CEO, will hold a two-hour speech at the SAP Center in San Jose, California. In previous years, Nvidia has used the show to announce some of its biggest products. This year, Nvidia is expected to launch its latest architecture and graphics processing chip. The new architecture, ‘Blackwell’, and B100 GPU, are expected to deliver much better performance in running AI models than the company’s current high-end H100 and H200 cards… The group invited the GTC “leaders, researchers and developers who are helping shape the future of AI and accelerated computing.” The stakes are high for the markets, while Nvidia has amply supported the indices with a performance of almost 80% since the start of the year and 240% over 12 months.
The Santa Clara group is holding its GTC conference in person this year for the first time since 2019 and expects 16,000 participants, double the last in-person event according to Reuters.
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