At the NVIDIA GTC conference, will the stock price undergo a key turning point?

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From March 18 to March 21, Peking time, $NVIDIA(NVDA.US)$ the annual GTC conference will be held, as the premier summit in the Global AI community, showcasing NVIDIA's capabilities comprehensively. In fact, investors are looking forward to whether this conference can turn around the sluggishness of US technology stocks. Since the launch of DeepSeek, the Global AI focus has gradually shifted eastward, combined with inflationary pressures and concerns over the high valuation of US technology stocks, US stocks have recently experienced significant corrections. So, can the GTC conference bring exciting good news?

This conference will have over 1,000 speeches and more than 300 exhibitions, covering fields such as chips, humanoid robots, Medical, and autonomous driving. The main focus will be on the release of the new generation GPU architecture, namely the Blackwell Ultra GPU and Vera Rubin super chip. The Blackwell Ultra (B300) is expected to enter mass production in Q3 2025, using Taiwan Semiconductor N4P process, with HBM3e memory capacity increased to 288GB and FP4 performance improved by 50% compared to the previous generation, which will strengthen NVIDIA's dominant position in the AI training and inference market. Although the next-generation Vera Rubin architecture (CPU+GPU super chip) has a mass production timeframe set for 2026, its technical specifications have already sparked market expectations of "a 20-fold reduction in computing cost," setting the stage for a scramble by cloud giants.

In addition, quantum computing is also a focal Topic of this GTC. The conference will hold a special "Quantum Day," where Huang Renxun will discuss with executives from quantum computing companies like D-Wave, IonQ, and Rigetti, marking a clear shift in NVIDIA's attitude toward quantum computing from a previously conservative wait-and-see approach to strategic investment, actively exploring how quantum technology empowers NVIDIA's existing ecosystem. Coincidentally, last week $D-Wave Quantum(QBTS.US)$ it was announced that a significant breakthrough in quantum computing had been achieved, driving a substantial rise in the entire quantum computing Sector, adding a strong market atmosphere to this conference.

So, will this GTC conference become a turning point for US technology stocks? Can it stimulate NVIDIA's stock price to recover?

Technical Analysis

Trend Analysis

From the weekly chart observation, $NVIDIA(NVDA.US)$ the current price has fallen below the EMA50 moving average (117.6 USD), and is facing a directional choice. If it cannot stabilize in the future, the death cross formed by EMA12 and the 50-day moving average will further confirm the downward trend; conversely, if support is gained at this position, it is expected to build a mid-term bottom. Caution is advised at the current position, and it may be wise to patiently wait for trend confirmation before taking action.

From the daily chart perspective, since being impacted by Deep Seek at the start of the year, the stock price has formed a descending channel, with prices bouncing several times to reach the upper channel line but failing to break through successfully. Currently, a resistance level is formed around 129 USD. However, this time under the influence of the GTC conference, if it touches the upper channel again, the channel may be broken at any time, and the trend could reverse upwards.

Interpretation of Indicators

• The MACD is currently below the zero axis, but the histogram has turned from negative to positive and is about to form a golden cross, indicating a potential bullish signal.

• The RSI indicator has rebounded from the oversold area (30) to around 50, with the 40-50 range forming an important support zone. If the subsequent Volume can increase in conjunction, the technical aspect is expected to form a healthy trend of both volume and price rising.

Focus Areas

In summary, the 2025 GTC may become $NVIDIA(NVDA.US)$ a price catalyst. Currently, from a technical perspective, attention can be focused on the support level of $117.6 and the resistance level of $129, closely monitoring the stock price's breakout situation at the upper edge of the channel. If it breaks through, a reversal opportunity is likely to occur.

It is important to note that policy risks and the rise of new forces in the computing power sector may pose challenges to the company. In terms of operations, it is recommended to adopt a phased layout strategy, increasing positions after confirming the trend, while strictly setting stop-loss orders to control risk.

PS: The GTC conference is currently underway, presenting fluctuating trading opportunities, and options can be used for quick participation. Click the image below to learn more about options trading techniques and knowledge.

This content discusses technical analysis, while other methods, including fundamental analysis, may provide different perspectives. The examples provided are for illustrative purposes only and do not reflect expected results. All investments involve risks, including potential loss of principal, and there is no guarantee that any investment strategy will be successful.