Just when one can only wonder what else the market can provide as a fresh catalyst to add more fuel to the fire burning under it that has been defined and led by the artificial intelligence (AI) revolution, the movement’s torch bearer is sponsoring a trade show that will rival a Taylor Swift concert. By the time investors read this column, it will be day two of the four-day NVIDIA GPU Technology Conference (March 18-21) at the San Jose Convention Center, a premier event for developers, researchers and industry experts in the field of AI and accelerated computing.
Within the world of technology, NVIDIA CEO Jensen Huang is as big a rock star as Swift is in the music world. Mr. Huang will deliver the keynote speech on Monday, March 18, from 1-3 p.m. PDT. During the two-hour speech, Haung will unveil the latest breakthroughs in AI, advanced computing and robotics. With over 900 sessions covering a wide range of topics and over 300 exhibits showcasing cutting-edge technologies, this gathering of the industry’s finest luminaries, developers, researchers and investors promises to move the market — probably higher.
Click on the link here for FREE virtual registration to the event. Investors have been wondering out loud just how transformative AI and other leading technologies will impact not just the industries they are familiar with, but every industry that is in the nascent stages of implementing AI and the array of new technologies that will change the economy as we know it and shape the future of just about everything.
Specific topics to be highlighted include:
- Accelerated Computing Tools and Techniques
- AI Models and Deployment
- AR/VR
- Computer Vision/Video Analytics
- Data Science
- Edge Computing
- Generative AI
- Networking
- Recommenders/Personalization
- Robotics
- Simulation/Modeling/Design
- Video Streaming/Conferencing
Investors will be able to zero in on specific areas of interest to understand the forthcoming impact these technologies will have on current occupations, career planning and which jobs and skill sets will be most impacted, both positively and negatively, by these advances.
So many investors are in the dark about what is happening with AI, with just as many thinking they have missed the investment proposition of this breakthrough technology that is in its second full year of dominating the stock market. Given the current pause in the tech-led rally that began in January 2023 and is now running though the first quarter of 2024, this “Woodstock of technology” conference should provide a huge opportunity for investors to gain knowledge, confidence and conviction about all things AI.
Last week’s hot inflation data from the release of the Consumer Price Index (CPI) and Producer Price Index (PPI) reports spooked the bond market, triggering a three-day selloff that was felt mostly by the tech sector. With the end of the quarter coming into view following soon thereafter by first-quarter earnings season, it stands to reason that this pullback will be looked back on as window of opportunity to initiate and add to the best of breed technology stocks.
The NVIDIA GTC conference will confirm the AI sector’s leadership and reveal certain companies that are not in the limelight, but provided compelling evidence they should be. The strong will get stronger, and yet many innovative younger companies will emerge from the show as potential home runs for investors to consider.
This event, where much of the content is free for virtual participants, is a gift at a particularly important time for stock market sentiment, and I do not think it will disappoint attendees or market participants. Quite the contrary, NVDA GTC will likely reignite the animal spirits that had the Dow, S&P and Nasdaq tagging new all-time highs a little over a week ago. Taylor Swift’s 2024 Eras Tour will include 29 performances. This show comes around just once a year. Do not miss it!
