Nvidia's stock climbed over 1% on Wednesday morning after experiencing a two-day decline of 5% following the AI chipmaker's annual GTC conference. While the broader market was experiencing a downturn, Wall Street analysts remained optimistic about Nvidia's future and AI demand. CEO Jensen Huang unveiled the company's upcoming AI chip releases during the conference, reassuring analysts about Nvidia's leadership and growth prospects. Despite concerns about long-term AI demand, analysts were impressed with Nvidia's roadmap and technology innovation. Huang's presentation showcased the company's upcoming AI chips, with a focus on data center spending and the need for computing hardware. While some analysts expressed skepticism about Nvidia's future updates, overall sentiment remained positive about the company's capabilities in the AI market.