Nvidia’s CEO Jensen Huang announced several new products at the GPU Technology Conference (GTC), held on March 18, 2019. Huang’s keynote address focused on Nvidia’s future in AI, robotics, and advanced computing.
After the announcement, the company’s stock did not show any improvement. It had been in the negative since before the GTC. Nvidia is under pressure because of concerns about US tariffs and economic uncertainty, as well as potential overspending on AI Infrastructure.
Nvidia Partners with GM to Develop Self-Driving Technology
Huang said that Nvidia would partner with General Motors for the future development of self-driving factories and robots. Nvidia’s AI-powered chips, simulation technology and other tools will be a key element in helping GM develop their upcoming fleet of autonomous vehicles. General Motors’ stock rose marginally following the announcement, but it was still down almost 1 percent. Nvidia is extending AI from data centers to industrial applications through this collaboration.
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Nvidia data center spending will hit $1 trillion by 2020?
In his speech, Huang predicted that Nvidia’s data center spending would reach $1 trillion by the year 2028. He said that AI is at a turning-point, which is changing the traditional approach to building data centers.
According to Huang, businesses have abandoned conventional general-purpose processors in favor of accelerated computing which heavily relies on Nvidia GPUs. Nvidia chips are used by many major cloud providers including Microsoft, Alphabet and Amazon as well as Meta. The growing demand for AI infrastructure shows how society has become more reliant on it than ever before to run modern applications.
Nvidia announces AI strategy and new chips
Huang explains the rapid development of artificial intelligence. Starting with fundamental perception modeling, it progresses to the agentic AI stage which allows autonomous learning and planning capabilities. According to his plan, physical AI is the next phase since these systems create humanoid robotics that can interact in real environments.
Nvidia intends to introduce Blackwell Ultra GB300AI chips, which will offer customers at least 50% larger memory capacities and significantly stronger performance capabilities. The company’s upcoming Rubin GPU, which was also announced at GPU, will be available in 2026.
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Nvidia Stock Price
Nvidia’s stock fell by over 2 percent during the keynote, but Wall Street analysts predict that GTC could become a pivotal moment. Analysts predict that the market sentiment could recover after this event, as AI hardware remains in high demand. Nvidia’s chips are the leading players in this industry and could be the driving force behind the future growth of many industries. FAQs:
Which major AI advancements has Nvidia announced at GTC2025?
Nvidia announced agentic AI, GPUs and strategic partnerships. They also highlighted AI’s role within computing, robotics and self-driving cars. How does Nvidia address market concerns about AI expenditure?
The firm reassured investors despite concerns about tariffs and export limitations by demonstrating strong AI hardware demand, partnership, and future AI computer plans.
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