Nvidia has a big conference this week. What major analysts expect

Wall Street is largely bullish on Nvidia stock ahead of the chipmaker’s flagship GPU Technology Conference on Tuesday, with some analysts saying its valuation is compelling after recent losses. Nvidia’s GTC conference has long been a catalyst for the stock, but some analysts warn skepticism on the broader AI trade could persist, despite more manageable expectations. After back-to-back years of incredible gains, Nvidia shares have cratered nearly 17% over the past month and roughly 14% year to date. The reversal comes amid a broader market pullback that has been fueled by concerns over U.S. tariff plans, AI spending and exuberant…