Nvidia Stock Climbs After GTC Keynote – Here’s What Daniel Ives Is Seeing Next

**Nvidia (NASDAQ:NVDA) **is kicking off its GTC 2026 event with expectations already running high, yet CEO Jensen Huang still managed to raise the bar, with shares climbing 1.65% following his keynote.

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Speaking to a packed audience in San Jose, Huang laid out a vision that suggests the AI buildout is far from slowing down. If anything, it appears to be expanding faster than many had penciled in just a few months ago. Nvidia now expects purchase orders tied to its Blackwell and Vera Rubin architectures to reach roughly $1 trillion through 2027, doubling the earlier $500 billion estimate.

Huang described demand coming from virtually every corner of the market, spanning startups, hyperscalers, enterprises, and sovereign-backed initiatives, all of which are competing for access to advanced compute. He explained that if customers had access to more capacity, they could generate more tokens and ultimately drive higher revenue, highlighting how supply constraints are still shaping the pace of growth across the ecosystem. This dynamic sits at the heart of the current AI cycle, where compute availability is emerging as one of the defining bottlenecks.

The keynote also offered a deeper look at Nvidia’s roadmap, with the upcoming Vera Rubin platform expected to deliver up to 10 times more performance per watt than its predecessor, a meaningful step forward given the growing importance of power efficiency in large-scale deployments. At the same time, the introduction of the Groq 3 LPU and broader rack-scale systems points to Nvidia pushing beyond standalone GPUs and toward tightly integrated infrastructure designed to handle both high throughput and low latency workloads. When combined with the preview of the Kyber architecture and expanding automotive partnerships, the broader strategy suggests Nvidia is extending its reach well beyond traditional data center boundaries.

For Wedbush’s Daniel Ives, who is also behind the Dan Ives Wedbush AI Revolution ETF, the keynote reinforced a view he has held for some time and provided additional conviction at a moment when investors have been navigating a volatile backdrop. Ives points out that Nvidia remains “at the top of the AI demand curve for 2026 & beyond,” while the presentation itself acted as “a much needed confidence boost” for the tech trade. Ives went further by describing Huang as the “Godfather of AI,” adding that the event made it clear the AI revolution is “accelerating, not decelerating, despite the market noise.”

Ives also pointed to the updated $1 trillion opportunity as evidence that demand is “coming from every direction,” with enterprises, governments, and AI-native players all increasing their commitments to Nvidia’s infrastructure as new applications drive higher computational requirements. The analyst believes inference has emerged as the dominant demand driver, with Nvidia’s latest systems delivering meaningful gains in both performance and cost efficiency, a combination that strengthens the company’s position at the center of what he views as one of the largest infrastructure buildouts in technology history.

More broadly, Ives argues that Nvidia’s influence extends well beyond its chips, as each dollar spent on its hardware creates a multiplier effect across the broader ecosystem, including cloud platforms, software, cybersecurity, and energy. In that sense, Nvidia is not just participating in the AI wave but actively shaping how the entire stack develops over the coming years.

Taken together, Huang’s keynote and Ives’ reaction point to the same conclusion, which is that Nvidia continues to set the pace in AI infrastructure, with its growth story tied less to short-term fluctuations and more to the sheer scale of a buildout that still appears to be in its early stages.

Overall, Wall Street is firmly in Nvidia’s corner right now, with the stock carrying a Strong Buy consensus backed by 38 Buy recommendations and just a single Hold. Price targets also continue to point higher, with the average estimate sitting at $273, implying a ~50% upside from current levels. (See NVDA stock forecasts)

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Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

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