Nvidia frenzy resurfaces
Nvidia grabbed the spotlight again — traders were market‑buying NVDA live during Jensen Huang’s remarks and the stock moved ~+1.6% in that window, with social chatter saying Nvidia projects $1T+ in AI chip sales by end‑2027 x thread and related market posts x thread. The move helped a rotation back into AI and chip names as investors re‑price growth exposure amid lower oil and calmer headlines Economic Times note on tech lead.
At Nvidia’s GTC keynote on March 16, 2026, Jensen Huang said the company now sees at least $1 trillion in purchase orders for its Blackwell and Vera Rubin systems through the end of 2027 ([bloomberg.com)], a figure he contrasted with the roughly $500 billion visibility the company cited last year ([techcrunch.com)]. Shares closed at $183.19 on March 16 after an intraday high of $188.88 and a low of $181.41, with historical intraday data showing average daily volume near 175.9 million shares on the period cited ([historicaloptiondata.com)]. Several outlets described the price reaction as muted despite the $1 trillion outline, with Bloomberg saying the event would need a surprise to jolt the “moribund” stock and 247 Wall St. noting limited upside in intraday trading ([bloomberg.com)]. Options and order‑flow trackers recorded elevated activity around the GTC window, with UnusualWhales showing total open interest north of 17 million contracts and public screens flagging large call sweeps that coincide with the event day ([unusualwhales.com)]. Huang framed the $1 trillion number around an “inference inflection,” unveiling the Vera Rubin system and a high‑speed inference module tied to Groq technology as part of the push into real‑time AI workloads, per CNBC and CoinDesk coverage of the keynote ([cnbc.com)]. Wall Street reaction mixed between awe and skepticism: some commentators called the doubled outlook “absolutely wild,” while analyst notes described the $1 trillion backlog as a “stunner” that will be dug into by research teams and buy‑side desks over the coming weeks ([msn.com)].
