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 (NVDA) stock slid more than 3% Tuesday after the AI chipmaker's annual GTC conference in California kicked off with a keynote from CEO Jensen Huang.

Currently in production, Nvidia’s Blackwell Ultra series is an advanced iteration of the Blackwell chips unveiled at last year’s GTC, which are 40 times more powerful than the previous-generation Hopper chips, Huang said.

Nvidia ( NVDA) gave the world a sneak peek at its next-generation Vera Rubin AI superchip during its GTC event in San Jose, Calif., on Tuesday. CEO Jensen Huang took the stage at the SAP Center to show off the processor, which will succeed the company’s new Blackwell Ultra chip when it begins shipping in the second half of 2026.

Perhaps the most significant is Vera Rubin. Vera Rubin, which is set to be released in the second half of 2026, will feature tens of gigabytes of memory and a custom Nvidia-designed CPU called Vera. Vera Rubin delivers substantial performance uplifts compared to its predecessor,

Nvidia now makes $2,300 in profit every second on the back of the AI revolution. Its data center business is so gigantic, even its networking hardware now rakes in more money than its gaming GPUs. Now,