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Why Wall Street wasn’t won over by Nvidia’s big conference

CN
CitrixNews Staff
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Why Wall Street wasn’t won over by Nvidia’s big conference

When Nvidia CEO Jensen Huang took the stage for his annual GTC keynote on Monday, the $4-trillion-dollar company’s stock started to drop.

Wall Street investors, it seems, were unmoved by the leather jacket-clad founder’s bullish 2.5-hour speech. Instead, they placed more weight on AI’s uncertain future and fears of a bubble. The nervousness felt by Wall Street couldn’t be more different than the buzzy atmosphere in Silicon Valley, where confidence, not uncertainty abounds.

Originally reported by TechCrunch