From Yahoo Finance: 2025-03-19 09:24:00

Nvidia stock rebounded 2% after a 5% drop due to unimpressive AI event results and market downturn. Analysts remain bullish on CEO Jensen Huang’s roadmap and AI demand, countering concerns of reduced need for Nvidia’s GPUs. Nvidia plans to launch new AI chips, with Huang projecting $1 trillion in data center spending.

Analysts Atif Malik and Srini Pajjuri maintain Buy ratings on Nvidia, citing the company’s leadership and AI demand. Nvidia CEO Jensen Huang unveils upcoming AI chips, including Blackwell Ultra in 2025 and Vera Rubin in 2026. He anticipates a shift to GPU accelerated computing platform and trillions in AI investments.

Analyst Stacy Rasgon praises Nvidia’s solid roadmap and technological edge over competitors. Huang assures analysts that cost-efficient AI models won’t diminish chip demand. JPMorgan’s Harlan Sur sees increased compute demand driven by AI innovations like DeepSeek.

Jefferies analyst Blayne Curtis raises concerns about Nvidia’s chips’ use cases and competition. Despite skepticism, Curtis reiterates Nvidia’s leadership in AI innovation. Despite a recent rise, Nvidia’s stock remains down 15% over the past month due to broader tech stock slump and market uncertainty.

Huang dismisses fears of AI trade slowdown, predicting increased investment during recessions. Analysts expect Nvidia to maintain its AI leadership despite market challenges. The tech giant looks to capitalize on growing AI demand and innovation in the coming years. 1. The stock market reached record highs today, with the S&P 500 closing at its highest level ever. This increase was fueled by positive earnings reports from major corporations and optimism about economic recovery.

2. Researchers have identified a new variant of the COVID-19 virus in South Africa that may be more contagious than previous strains. Health officials are closely monitoring the situation and urging continued adherence to safety protocols.

3. The United Nations released a report highlighting the urgent need for action on climate change. The report warns of dire consequences if global temperatures continue to rise, and calls for immediate action to reduce greenhouse gas emissions.

4. A new study has found that the Pfizer-BioNTech COVID-19 vaccine is highly effective in preventing infection and severe illness from the virus. The study also showed that the vaccine provides strong protection against emerging variants of the virus.

5. The US economy added 850,000 jobs in June, exceeding expectations and signaling a strong recovery from the pandemic. The job gains were driven by growth in the leisure and hospitality industries, as more businesses reopened and consumer spending increased.

Read more: Nvidia stock rises as GTC leaves Wall Street analysts ‘comfortable with long term AI demand’