In This Article:
Nvidia (NASDAQ:NVDA) is gearing up for its GTC conference next week, and analysts at Wedbush Securities see it as a potential game-changer for the market. Tech stocks have been battered by tariff concerns, recession fears, and overall negative sentiment, but this could mark a turning point. Analysts argue that we're still in the early innings of an 8-10 year AI buildout, with an estimated $2 trillion in capital investment ahead. Despite the rough start to 2025, they remain bullish, predicting that tech stocksled by Nvidia and Microsoft (NASDAQ:MSFT)will push to new all-time highs in the second half of the year.
One major overhang? Uncertainty around the Trump administration's trade policies, which has CEOs across the tech sector struggling to navigate shifting rules. The constant policy whiplash has left growth investors on edge, but Wedbush sees this as a temporary storm. Once there's more clarity, they expect market sentiment to stabilize, allowing AI-driven companies to resume their upward trajectory. Investors should also remember that disruptive cycles tend to face skepticism before the fundamentals take over, and this AI wave is no different.
All eyes will be on Nvidia's GTC, running from March 17-21, with CEO Jensen Huang's keynote on March 18 set to take center stage. Wedbush believes this event could be the catalyst that refocuses Wall Street on AI's explosive growth potential. Nvidia remains the undisputed leader in AI infrastructure, and if Huang delivers a compelling vision for the next phase of AI investment, it could reignite confidence in the broader tech sector.
This article first appeared on GuruFocus.