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Nvidia Corp.’s upcoming GTC developer conference is expected to showcase the “arms race” of generative artificial intelligence. Nvidia Chief Executive Jensen Huang has been championing AI and machine learning for years, and the focus on AI/ML will be much more acute this year. Citi Research analyst Atif Malik has reiterated his buy of Nvidia and raised his price target on the stock due to the “generative AI arms race” underway as companies like Alphabet and Meta Platforms Inc. compete.
