Nvidia on Tuesday announced an upgraded artificial intelligence platform, Blackwell Ultra, which it says will help apps reason and act on a user’s behalf – two capabilities that would take AI beyond chatbots further into real life.

Jensen Huang, Nvidia Corp.’s chief executive officer, used his annual developer conference to address concerns that the cost of artificial intelligence computing is spiraling out of control.

Nvidia shares slid Tuesday as CEO Jensen Huang gave a highly anticipated keynote address at the AI chipmaker's GTC conference. Monitor these key support and resistance levels on the stock's weekly chart.

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 Corp. shareholders are hoping that a keynote speech from chief executive Jensen Huang can deliver enough optimism to help sustain the stock’s recent rebound.