Latest news with #GTCAIConference
Forbes
24-03-2025
- Business
- Forbes
NVIDIA Bets Big On American AI Manufacturing Despite Stock Warning
Taipei, Taiwan- July 25, 2022: The office building of Nvidia Corporation in Neihu Technology Park, ... More Taipei, Taiwan. is an American multinational technology company. I recently returned from NVIDIA's GTC AI Conference in San Jose, California. This year's event was completely sold out, with an estimated 20,000 investors, engineers and business leaders in attendance. CEO Jensen Huang likes to call the annual get-together the 'Super Bowl of AI,' and after seeing his keynote, I understand why. Despite NVIDIA's stock flashing a bearish 'death cross'—its 50-day moving average slipped below the 200-day moving average for the first time since January 2023—the energy at the conference was electrifying. Every major industry was represented, from health care to defense, signaling that artificial intelligence (AI) is expanding at a white-knuckle clip. NVIDIA signals its first bearish death cross in two years During his approximately two-hour presentation (and he didn't use notes!), Huang described a future where AI agents will transform entire industries, making businesses more efficient, aerospace and defense more advanced and markets more intelligent. In other words, if you thought ChatGPT was impressive, you haven't seen anything yet. Huang spoke extensively about 'agentic AI,' or AI that doesn't just retrieve data but perceives, reasons and acts on your behalf. In his example, AI agents 'can go to a website, interpret words and videos, maybe even play a video, learn from it, understand it—and then use that new knowledge to complete its task.' To understand this better, imagine you work on Wall Street. An AI agent could scan earnings reports, build models and execute trades faster than a human could. In health care, AI agents will be able to diagnose diseases, assist in surgeries and manage hospital logistics—all with limited human supervision. AI agents are on their way Perhaps the biggest impact will be in aerospace and defense. Huang made a bold prediction: 'Everything that moves will be autonomous.' This suggests a future with AI-powered drones, cybersecurity defense systems, battlefield robots and much more. The U.S. military is already testing AI systems that can independently identify threats and make tactical, split-second decisions in real-time. As I shared with you last month, the global AI market in aerospace and defense is projected to surge from approximately $28 billion today to $65 billion by 2034, according to one research firm. That's a solid 9.91% compound annual growth rate (CAGR). North America alone represents $10.43 billion of this market, and it's growing even faster at 10.02% annually. AI in aerospace and defense market size, estimated Under President Trump's administration, there's been a concerted effort to boost American leadership in AI. One such initiative is the Stargate Project, a collaborative venture involving OpenAI, SoftBank, Oracle and MGX, which aims to invest up to $500 billion in AI infrastructure across the U.S. by 2029. Aligning with this vision, NVIDIA has unveiled plans to invest hundreds of billions of dollars in U.S.-based manufacturing over the next four years. The move seeks to reduce reliance on Asian supply chains, particularly in light of tariff uncertainties. Speaking to the Financial Times last week, Huang remarked that, over the next four years, NVIDIA will buy 'probably half a trillion dollars' worth of electronics in total.' He added that he can see the company 'manufacturing several hundred billion of it here in the U.S.' Even with all the excitement, NVIDIA's stock has formed a death cross, a technical pattern that typically signals near-term weakness. But let's put things in perspective. After meteoric runs in 2023 (when it was up 238%) and 2024 (up 171%), some consolidation is natural, if history is any guide. Also, every Magnificent 7 stock, except Facebook-parent Meta Platforms, is underperforming the S&P 500 year-to-date. Magnificent 7 stocks vs. the S&P 500 I believe these dips can present buying opportunities. NVIDIA's fundamentals remain incredibly strong. In the fourth quarter of 2024, the company reported record revenue of $39.3 billion and record data center revenue of $35.6 billion. It also reported record full-year revenue of $130.5, more than double the amount generated just a year earlier. Sitting in the audience at NVIDIA's GTC Conference, I could feel the same energy that surrounded the dot-com boom, the rise of mobile computing and the emergence of cloud technology. Despite near-term market fluctuations, the investment case for AI remains rock solid. It's clear to me that companies that build AI, use AI or enable AI infrastructure will shape the global economy in the decades to come.
Yahoo
18-03-2025
- Business
- Yahoo
Dematic Showcases AI-Generated Digital Twin at 2025 GTC Conference
Global supply chain leader to display innovative automated solutions at booth #142. ATLANTA, March 18, 2025 /PRNewswire/ -- Dematic, a global leader in supply chain automation and member of the KION Group, is showcasing a prototype of its AI Control Tower digital twin simulation at the GTC Artificial Intelligence (AI) Conference in San José, California (March 17-21). In collaboration with NVIDIA and Accenture, the showcase will highlight a digital twin simulation of Dematic's Solutions Center, developed on the NVIDIA Omniverse platform. Using the Solutions Center as a model, attendees will experience a demonstration of how AI-powered digital twins enable the simulation and testing of material and order flow scenarios before changes are introduced in real-world industrial facilities. Mike Larsson, Dematic president and KION executive board member, and Prasad Satyavolu, lead, manufacturing and operations, Americas, from Accenture, will also speak on how the technology from NVIDIA and Accenture, combined with Dematic software, modernizes supply chains during "Reinvent Warehouses and Distribution Centers With AI-Powered Digital Twins" on March 19 at 8 a.m. PDT. "At Dematic, our goal is to empower customers with smarter, more efficient supply chain solutions that adapt to today's challenges and tomorrow's opportunities. By collaborating with NVIDIA and Accenture, we're advancing AI-driven automation to enhance operational visibility, optimize decision-making, and improve overall supply chain resilience," says Larsson. "This partnership allows us to provide our customers with intelligent orchestration and scalable solutions that drive efficiency, reduce costs, and position them for long-term success in an increasingly complex logistics landscape." In early 2025, Dematic parent company, KION Group, collaborated with NVIDIA and Accenture to advance next-generation AI-powered automation for warehouses and distribution centers. Hosted by NVIDIA, the GTC AI Conference draws more than 300,000 in-person and virtual attendees for keynotes and speaking sessions by industry leaders, hands-on training and certifications, and networking events. This year's conference focuses on the transformative impact of AI. To learn more about Dematic's supply chain solutions, visit or follow us on LinkedIn, Facebook, Instagram, and X. About Dematic Dematic is a global leader in supply chain automation solutions featuring advanced technologies and software empowering the future of commerce for its customers in manufacturing, warehousing, and distribution. With research and development engineering centers, manufacturing facilities, and service centers located in more than 26 countries, the Dematic global network of approximately 10,000 employees has integrated and supported automation solutions for many of the world's leading brands. Headquartered in Atlanta, Dematic is a member of KION Group, one of the world's leading suppliers of industrial trucks and supply chain solutions. Media Contact:Yolanda KokayiSenior Director, Global Communications & Disclaimer This release and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other jurisdiction. This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, for example, changes in business, economic, and competitive conditions, regulatory reforms, results of technical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. We do not undertake any responsibility to update the forward-looking statements in this release. View original content to download multimedia: SOURCE Dematic
Yahoo
17-03-2025
- Business
- Yahoo
Arqit Quantum Soars 34% as Nvidia's GTC Event Sparks Quantum Buzz
Quantum computing stocks rallied Monday ahead of Nvidia's (NASDAQ:NVDA) first-ever Quantum Day at its GTC AI Conference, set to run from March 17 to 21. Arqit Quantum (NASDAQ:ARQQ) led the sector, soaring 34.59% by 12:59 PM ET. Quantum Computing ( QUBT) followed with a 14.30% gain by 1:02 PM ET, while D-Wave Quantum (NYSE:QBTS) climbed 6.06% by 1:02 PM ET. Warning! GuruFocus has detected 3 Warning Signs with NVDA. Nvidia's upcoming Quantum Computing: Where We Are and Where We're Headed session on Thursday will feature industry leaders, including D-Wave CEO Alan Baratz, IonQ CEO Peter Chapman, and Rigetti CEO Subodh Kulkarni. Despite the quantum buzz, Nvidia shares dipped about 3% Monday. Quantum computing has gained momentum as big tech firms enter the space. Last December, Google (NASDAQ:GOOG) unveiled its Willow quantum chip, and in February, Microsoft (NASDAQ:MSFT) introduced the Majorana 1 quantum processor, both of which fueled sector-wide gains. However, market enthusiasm remains volatile. In January, Nvidia CEO Jensen Huang cautioned that quantum computing is still decades away, briefly dampening investor sentiment and prompting pushback from D-Wave's Alan Baratz. With Nvidia set to spotlight quantum advancements this week, investors are watching closely to see if the rally holds or fades. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
17-03-2025
- Business
- Yahoo
Arqit Quantum Soars 34% as Nvidia's GTC Event Sparks Quantum Buzz
Quantum computing stocks rallied Monday ahead of Nvidia's (NASDAQ:NVDA) first-ever Quantum Day at its GTC AI Conference, set to run from March 17 to 21. Arqit Quantum (NASDAQ:ARQQ) led the sector, soaring 34.59% by 12:59 PM ET. Quantum Computing ( QUBT) followed with a 14.30% gain by 1:02 PM ET, while D-Wave Quantum (NYSE:QBTS) climbed 6.06% by 1:02 PM ET. Warning! GuruFocus has detected 3 Warning Signs with NVDA. Nvidia's upcoming Quantum Computing: Where We Are and Where We're Headed session on Thursday will feature industry leaders, including D-Wave CEO Alan Baratz, IonQ CEO Peter Chapman, and Rigetti CEO Subodh Kulkarni. Despite the quantum buzz, Nvidia shares dipped about 3% Monday. Quantum computing has gained momentum as big tech firms enter the space. Last December, Google (NASDAQ:GOOG) unveiled its Willow quantum chip, and in February, Microsoft (NASDAQ:MSFT) introduced the Majorana 1 quantum processor, both of which fueled sector-wide gains. However, market enthusiasm remains volatile. In January, Nvidia CEO Jensen Huang cautioned that quantum computing is still decades away, briefly dampening investor sentiment and prompting pushback from D-Wave's Alan Baratz. With Nvidia set to spotlight quantum advancements this week, investors are watching closely to see if the rally holds or fades. This article first appeared on GuruFocus. Sign in to access your portfolio
Globe and Mail
02-03-2025
- Business
- Globe and Mail
What's Next for Nvidia? Jensen Huang Just Revealed 3 Reasons to Buy the Stock Hand Over Fist.
Nvidia (NASDAQ: NVDA) announced overwhelmingly positive fourth-quarter results last week. However, its shares sank the following day. Should investors be concerned? I don't think so. Sure, Nvidia's growth is slowing somewhat. The company's future remains bright, though. CEO Jensen Huang just revealed three growth drivers for Nvidia that, in my opinion, translate to reasons to buy the stock hand over fist. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » 1. Agentic AI Huang said in Nvidia's Q4 earnings call, "This is now the beginning of the agentic AI era, and you hear a lot of people talking about it, and we['ve] got some really great things going on." He's right on all three counts, in my view. Agentic AI involves autonomous AI agents that can make decisions and perform tasks without constant human involvement. 2025 is shaping up to be the year of AI agents. Multiple leading technology companies are investing heavily in agentic AI, including Google parent Alphabet, Meta Platforms, Microsoft, and OpenAI. Nvidia is already in the thick of agentic AI development. CFO Colette Kress noted in the Q4 call that the company's consumer internet revenue roughly tripled year over year with agentic AI as one of the growth drivers. Huang hinted at major agentic AI advances on the way, saying that Nvidia will "have some really exciting things to share" at its GTC AI Conference scheduled to begin March 17, 2025. 2. Physical AI While there's a lot of buzz around agentic AI, you probably haven't heard as much about physical AI. However, Huang thinks it's another important part of the next wave of AI that is, in his words, "right around the corner." Physical AI involves the use of AI technology within physical systems. One good example of physical AI is in robots. Another is self-driving cars. Huang mentioned several other applications of physical AI in Nvidia's Q4 call, including tractors, lawnmowers, buildings, and warehouses. Nvidia is already a major player in the physical AI market. Kress noted that nearly every autonomous vehicle (AV) company is using Nvidia's infrastructure and software platforms "in the data center, the car, or both." She also highlighted Nvidia's recently announced Cosmos World Foundation Model platform. This platform enables developers to build physical AI systems. Kress mentioned Uber Technologies as one of the early adopters of Cosmos. Huang also pointed out that many start-up companies are working on physical AI. He said that "each one of them needs a fair amount of computing infrastructure." This, of course, presents a great opportunity for Nvidia as the leader in the GPU market. 3. Sovereign AI The third component of the next wave predicted by Huang is sovereign AI. What is sovereign AI? It refers to nations building AI systems that they can control using their own data and technology infrastructure. Huang didn't talk much about sovereign AI in Nvidia's Q4 call. However, he said that the technology, like agentic AI and physical AI, is "barely off the ground." He argued, though, that Nvidia is abreast of what's going on in sovereign AI because it's "in the center of much of this development." Is that merely hubris from a CEO acting as a cheerleader for his company? Nope. Nvidia truly is at the forefront of many sovereign AI initiatives. For example, French cloud services provider Scaleway is using Nvidia's technology to build Europe's most powerful cloud-based AI supercomputer. India's Tata Group is using the Nvidia GH200 Grace Hopper Superchip to develop a sovereign AI infrastructure. Japan is working with Nvidia to build sovereign AI systems that include public-private partnerships. And those are just a few of the sovereign AI initiatives Nvidia is involved in. Is Nvidia stock really a great pick because of these growth drivers? Huang didn't directly say to buy Nvidia stock hand over fist because of the company's agentic AI, physical AI, and sovereign AI opportunities. However, I view all three growth drivers as great reasons to buy the stock right now. I fully agree with Huang that we're still in the early stages of these areas of AI. I also think Nvidia is in the strongest position of any company to profit from all three components of the next AI wave. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $765,576!* Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of February 28, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Keith Speights has positions in Alphabet, Meta Platforms, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, Microsoft, Nvidia, and Uber Technologies. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
