If you’re a techie wanting to know what the future of artificial intelligence holds for you, NVIDIA CEO Jensen Huang is hosting a little shindig this week on that very topic.
It’s called GTC 2025, and it will draw some 25,000 people attendees to San Jose, Calif., for a week or lectures and workshops, and even, as the catalogue notes, dinner with strangers. (That is, other attendees) Another 300,000 will attend virtually.
GTC stands GPU Technical Conference, and, since Nvidia (NVDA) founded the conference in 2009, it really has morphed into a broader meaning. The conference is really all about the current state of the art for AI and broad hints of what’s coming next.
The conference will feature some 1,000 sessions and 2,000 speakers.
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The major focus on the 2024 conference was to unveil Blackwell, Nvidia’s most powerful Graphics Processing Unit. A GPU consists of chips, connectors and other materials and can process massive of data in a short amount of time.
The conference’s first big event this year will be Jensen Huang’s opening address at 10 a.m. Tuesday. Huang uses the occasion both as address and an opportunity to unveil new products under development at Nvidia or at other companies that use Nvidia hardware and software.
It is believed Huang will discuss the newest versions of the Blackwell technology as well as a first peak at the technologies that may succeed Blackwell.
Huang likes to show demonstrations of products that use AI, and he may also discuss and demonstrate the results of Project DIGITS — a first-of-its kind personal AI supercomputer called DIGITS that anyone might purchase for a home office or that businesses of any size might find useful. This machine would be like a powerful workstation. And Nvidia is thinking the machine might be priced at around $3,000, Biztech says.
Nvidia CEO Jensen Huang displays robots at the 2024 Nvidia GTC conference.
Other sessions will discuss:
Quantum computing. This is about the developing new technologies that can vastly expand computing speed. A panel at 10 a.m. Thursday will feature CEOs or top officials from quantum computing companies. Huang is expected to be in on that panel.
Robotics. Nvidia products are in development now, and the company and others are expected to show the current state of the art.
Autonomous vehicles. There are several sessions expected to discuss the state of the fully autonomous vehicle and efforts to solve safety issues.
AI and Walt Disney. Moritz Baecher, associate lab director at Disney Research in Zurich, Switz., is set to discuss how Walt Disney (DIS) is using AI technology to rapidly design free-moving robots.
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Nvidia shares have suffered from the stock sell-off this year. The shares ended Friday at $121.67 up 5.3$% on the day and up 8% on the week. They are still off 9.4% for the year and off 20% from the 52-week high of $153.13 on Jan. 7.
In 2024, the shares soared 173%.
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Barrons rates Nvidia, Alphabet (GOOGL) , Amazon.com (AMZN) and Facebook-parent Meta Platforms (META) as the most attractive of the stocks of the Magnificent 7 group of stocks. The others are Apple AAPL, Microsoft MSFT and Tesla (TSLA) .
While the Mag 7 stocks are down an average 7.11% in February Goldman Sachs strategist David Costin says the group are not likely to fail or fade away.
They remain too dominant, accounting for a third of the current market value of the S&P 500, and too reasonably priced, with six of the seven trading for 18 to 30 times projected 2025 earnings, Barrons noted.
Tesla, at 85 times earnings, is the notable exception.
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