Nvidia briefly jumps; CEO sees $1 trln AI chip rev opportunity through 2027

Shares of Nvidia NVDA.O briefly added to gains and hit a session high on Mon afternoon as CEO Jensen Huang said the company expects at least $1 trln rev opportunity through 2027 from the co's latest AI chips

Huang made the comments during the chipmaker's annual developer conference

He also unveiled the new Groq 3 LPX AI inference chip

The stock was last up 1.8% at $183.53 in choppy trading, and was up nearly 5% at its session high of $188.88

NVDA remains down about 2% YTD