Despite their more modest meeting formats, both of the previous iterations led to a nice bump-up in Nvidia's stock price. In the week that followed 2022's event, shares were up as much as 10%. In 2023, they were up as much as 6.5%. So will this year's conference also lead to a jump in stock price? Maybe.

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A Melius Research analyst says “you still get some eye rolls when you reiterate this buy,” but the setup for Nvidia shares “is still pretty darn good.”