Nvidia to Unveil New GPUs at Conference Amidst Competition, But Analysts Bullish on Share Price

• Nvidia hosting GPU Technology Conference (GTC) on March 17 to unveil new Blackwell GPUs and other tech • Webush analyst raised Nvidia stock price target from $850 to $1,000 ahead of GTC • Nvidia expected to face continued demand despite competition from AMD and Intel • Intel may receive less funding than expected from the Pentagon for domestic chip production • Nvidia's stock has fallen recently but new GPUs expected to maintain its market share lead