Investors are keenly watching Nvidia Corp (NASDAQ: NVDA) ahead of its annual GTC conference on March 17th.
Jensen Huang – chief executive of the AI darling is broadly expected to offer more colour on the company’s latest Rubin architecture at the annual event.
Nvidia named its upcoming Rubin chips after the American astronomer, Vera Rubin, who’s contributions to the study of dark matter were rather significant in the 1960s.
Interestingly, though, Rubin is not the only chip that NVDA has named after women in science.
Nvidia named three other chips after women scientists
In 2004, the artificial intelligence behemoth launched a GPU microarchitecture called “Curie”.
The microarchitecture named after the world’s only women to have won two Nobel Prizes was used in Nvidia’s GeForce 6 and GeForce 7 series of graphic cards.
Then there was the “Ada Lovelace” architecture launched in 2022 named after the revered English mathematician known primarily for her work on Charles Babbage’s proposed mechanical general-purpose computer.
It powered several of the company’s GPU series, including the GeForce RTX 40.
Also in 2022, the Nasdaq listed firm announced its Hopper architecture named after Grace Hopper, a pioneering computer scientist and US Navy rear admiral who made significant contributions to programming and computer science.
The Hopper architecture powered NVDA’s H100 Tensor Core GPUs.
Why is Nvidia’s naming convention significant?
Nvidia continues its convention of naming chips after women scientists with its upcoming Rubin architecture at a time when the Trump administration is rolling back on DEI (diversity, equity, and inclusion) initiatives.
A study last year tagged the semiconductor giant as the least diverse tech company in the US with women on a tad above 14% of the tech roles only.
However, its convention of naming chips after notable women in science shows it honours women in the tech industry.
Note that Nvidia stock is down more than 22% versus its year-to-date high ahead of the annual GTC conference on March 17.
Is it worth buying NVDA shares ahead of GTC conference?
Wedbush analyst Dan Ives recommends buying NVDA shares ahead of the GTC conference as the annual event could prove to be a meaningful catalyst for tech stocks at large.
AI stocks have taken a big hit in recent weeks due to tariff uncertainty and the possibility of Trump’s policies pushing the US economy into a recession.
Still, the investment firm remains convinced that the longer-term bullish picture for these names remains unchanged.
“We believe this year 3 of what will be an 8-10 year build out of the AI revolution,” he told clients in a recent note.
Ives expects tech names, including Nvidia stock, to print a new all-time high in the back half of 2025.
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