To The Moon

Nvidia stock was edging up ahead of Thursday's opening bell, but it may be a while before the chip maker is able to claw back all its recent losses.Nvidia has climbed 2.7% this week through Wednesday's close but it's still down 14% in 2025.Those looking for a further catalyst for recovery will be watching Nvidia's GPU Technology Conference next week, which will include a keynote speech from CEO Jensen Huang on March 18. More announcements are expected on future version of its artificial-intelligence chips after the current Blackwell generation."Blackwell is ramping successfully and the transition to the next generation will be seamless because it has the same architecture.... Gross margin has compressed, but once Blackwell is ramped, there will be ample opportunity to improve costs, and margins should return to mid-70s [percentage] later this year," wrote Nancy Tengler, CEO and chief investment officer of Laffer Tangler, which holds Nvidia stock.As Barron's has noted, Nvidia is now t