Yesterday, Nvidia CEO Jensen Huang took the stage at the company’s annual GPU Technology Conference (GTC).

Dubbed “the Super Bowl of AI,” the event underscored Nvidia’s pivotal role in the accelerating AI revolution.

While the speech was tailored for engineers, its implications for investors are profound. (Especially with Nvidia’s stock currently trading at $115 per share after the recent selloff.)

This dip has left the stock at a bargain valuation, making now a compelling moment to consider jumping in.

Jensen: DeepSeek Who?

Huang addressed head-on the investor unease sparked by January’s release of DeepSeek, a Chinese AI model touted as needing fewer Nvidia chips.

That event shaved nearly $600 billion off Nvidia’s market cap in a single day, fueling fears that the AI boom might bypass Nvidia’s hardware dominance.

But Huang flipped the narrative, arguing that the next wave of AI – spanning reasoning models and AI agents – will demand 100 times more computational power than previously anticipated.

“This last year, this is where almost the entire world got it wrong,” he said, emphasizing that advanced AI isn’t about doing less with Nvidia’s chips, it’s about doing far more.

Reasoning models, which “think” through complex problems step-by-step, and AI agents, designed to autonomously handle tasks like booking flights, aren’t lightweight innovations.

They generate massive datasets and require blazing-fast processing to deliver timely results – needs that play directly into Nvidia’s strengths.

“Users won’t want to wait 10 times longer to get an answer that relies on 10 times more data,” Huang noted.

This vision of sustained, even escalating demand for Nvidia’s GPUs counters the DeepSeek-driven selloff narrative and paints a picture of a company poised for explosive growth.

Jensen Announced Big Products and Partnerships

The keynote wasn’t just rhetoric.

It was also packed with blockbuster product reveals.

Nvidia unveiled an upgraded Blackwell Ultra chip, set to launch later in 2025. This is the newest version of Blackwell which has already hit full production and raked in $11 billion in Q4 revenue.

Huang then dropped the bombshell of the Rubin AI superchip, slated for mid-2026, boasting over three times the Blackwell Ultra’s power, with an even mightier Rubin Ultra variant to follow in 2027 offering 14 times Blackwell’s performance.

Named after astronomer Vera Rubin, this roadmap signals Nvidia’s intent to dominate AI compute for years to come.

Analysts project the Rubin series alone could generate $40 billion in its first year and $95 billion in its second – numbers that dwarf the annual revenue of most S&P 500 companies.

Beyond chips, Nvidia announced a partnership with General Motors to power its autonomous driving fleet and debuted new networking equipment to slash energy costs – a nod to Huang’s assertion that “energy is our most important commodity.”

These moves diversify Nvidia’s revenue streams while reinforcing its leadership in AI infrastructure, from data centers to self-driving cars.

Yet, despite these blockbuster updates, Nvidia’s stock dipped 3% yesterday, caught in a broader tech selloff tied to geopolitical and economic tensions.

At $115, the stock is down 14% year-to-date while trading at a forward P/E of just 20 – which is in line with the forward P/E of the entire S&P 500!

• This valuation is dirt cheap for a company that’s growing as fast as Nvidia is.

• This valuation is dirt cheap for a company that’s got the moat Nvidia does.

• And this valuation is dirt cheap for a company that’s single-handedly shaping the AI revolution.

If you don’t already own Nvidia, now is your chance to get in.

The selloff has created a rare entry point for a company with a clear path to dominate the AI-driven future.

With Blackwell Ultra ramping, Rubin on the horizon, and AI’s computational needs soaring, Nvidia’s $115 price tag won’t stay this low for long.