Nvidia’s "AI Woodstock" Kicks Off as Investors Seek Chip Updates

Nvidia’s annual developers conference—informally dubbed “AI Woodstock”—has begun, with heightened anticipation for updates on its next-generation Rubin chip, even as its Blackwell AI chips, the star of last year’s event, are now reaching high-volume production, Barron’s Daily journalist Liz Moyer reported.

Nvidia CEO Jensen Huang is set to deliver a keynote address, where he is expected to showcase the Blackwell Ultra product. I Photo: NVIDIA Asia Pacific Facebook

Approximately 25,000 attendees are expected in San Jose, according to The Wall Street Journal.

Nvidia CEO Jensen Huang is set to deliver a keynote address, where he is expected to showcase the Blackwell Ultra product. While Nvidia has only teased its upcoming Rubin AI chips, its website states that Huang will outline advancements in agentic artificial intelligence, robotics, predictive intelligence, and accelerated computing.

Panel discussions will also cover quantum computing and the rise of humanoid robots.

The conference will feature 2,000 speakers, over 1,000 sessions, and approximately 400 exhibitors.

Although Rubin is not expected to launch until 2026, Huang has described it as a “big, big” leap in computing power.

Nvidia is facing growing competition from in-house AI chips developed by its largest customers, including Alphabet’s Google and Amazon. Despite leading last year’s surge in Magnificent Seven tech stocks, Nvidia’s shares have declined by 9% so far in 2025.

Analysts project that Nvidia’s data center business will generate $237 billion in sales for the fiscal year ending in January 2027, with annual revenue exceeding $300 billion by 2029, The Wall Street Journal reported, citing estimates from Visible Alpha.