Nvidia shares bumped higher in early Wednesday trading, following the main event of the tech giant's developers' conference yesterday, as analysts dug into the keynote address from CEO Jensen Huang and his predictions for the AI investment landscape over the next few year.

Nvidia stock rose 1% Wednesday, stemming losses from a two-day slide that saw shares lose 5% as the AI chipmaker’s annual GTC conference failed to excite investors amid a broader market downturn.

Key Takeaways Nvidia CEO Jensen Huang’s highly anticipated GTC keynote failed to deliver a big boost to the company's stock, though analysts remain bullish on its potential for AI-driven growth. Several analysts pointed to Nvidia's rapid pace of innovation relative to peers and robust demand from cloud customers.

Nvidia stock was dropping as investors awaited the start of CEO Jensen Huang’s keynote address at the company's GTC developer conference this afternoon. Shares of the AI chip company were down 3.1% in early trading Monday to $115.

Nvidia has wrapped its GTC keynote, but investors didn't seem too impressed, with shares ending the day down 3.4%.

Nvidia CEO Jensen Huang said on Tuesday the company was well placed to navigate a shift in the artificial intelligence industry, in which businesses are moving from training AI models to getting detailed answers from them.

Nvidia CEO Jensen Huang tried to reassure investors Tuesday that his firm is at the center of the artificial intelligence boom while unveiling its latest products – including its long-awaited Blackwell Ultra computer chips.

Nvidia also introduced new networking and switch technology that it claims will be a big energy saver for data centers. It announced its Nvidia Spectrum-X and Quantum-X silicon ph