Story perspectives
Nvidia's GTC Keynote Boosts Stocks, AI Spending Optimism
3/20/2025
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Story summary
- Nvidia's CEO Jensen Huang's GTC keynote positively impacted shares of partners, including Coherent, Lumentum, and Amphenol.
- Analysts predict data center capital expenditures could surpass $1 trillion by 2028, alleviating AI spending worries.
- Coherent's stock increased by nearly 7%, with Supermicro and Amphenol gaining around 6%.
- Wedbush estimates that every $1 spent on Nvidia chips could yield $8 to $10 in the tech ecosystem.
