Investors may want to take a look at these stocks ahead of Nvidia's AI Woodstock event.
The hottest artificial intelligence event of the year kicks off Monday, setting the stage for key AI players to see sharp moves. Nvidia's GTC Conference, dubbed "AI Woodstock" by Bank of America, offers an opportunity for the company to showcase its latest AI chip innovations and future vision as it labors to maintain its dominance in the field.
mountain Nvidia shares year to date This ongoing momentum and anticipated GTC Conference announcements have led several Wall Street shops to turn more bullish on the stock and lift their price targets in recent weeks, while also upping the ante on a handful of connected names.
mountain Nvidia shares over the last year "It is worth noting that NVIDIA typically will only attack markets where they can make a unique contribution — thus, the likely focus of NVIDIA's Edge AI strategy is on where content-rich data is required at the edge," Muse wrote. He said the company can break into this market through partnerships. Stocks that could benefit GTC may be Nvidia's conference, but Nvidia isn't the only stock that could feel a positive lift.
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