As was widely expected, Nvidia (NVDA) has unveiled new microchips for building artificial intelligence (AI) models and applications at its annual GTC developer conference that’s being held in California.
Nvidia CEO Jensen Huang has revealed details of the company’s new Blackwell Ultra microchips that begin shipping in the second half of this year, and also its Vera Rubin chips that are the company’s next-generation graphics processing unit, or GPU, and scheduled to ship in 2026.
Software developers, analysts and investors are closely watching the company’s new chips to see if they offer enough power and performance to continue driving demand and sales in the months and years to come. Other technology giants such as Microsoft (MSFT), Alphabet ($Google), and Amazon (AMZN) are among the biggest customers for Nvidia’s microchips and processors.
Nvidia also announced that its next chip architecture following Rubin will be named after famed physicist Richard Feynman, continuing a company tradition of naming chips after scientists. Nvidia’s Feynman chips are expected to be available in 2028.
Blackwell Ultra
Nvidia’s new Blackwell Ultra chip will be able to produce more tokens per second, which means that it can generate more content in the same amount of time as its predecessors. Nvidia says that means that cloud providers can use Blackwell Ultra to offer a premium AI service for time-sensitive applications, allowing them to make as much as 50 times the revenue from the new chips as previous processors.
To date, the top four cloud companies have deployed three times the number of Blackwell chips as Nvidia’s previous Hopper chips, said the company. CEO Huang added in unveiling the new chips that Nvidia plans to use Chinese rival DeepSeek’s AI model to help it benchmark several of its new chips and AI products.
Vera Rubin
Nvidia expects to start shipping its next-generation GPU family in the second half of 2026. That family of chips is named after astronomer Vera Rubin. The Vera Rubin family of chips will be twice as fast as last year’s Blackwell chips, the company said.
These next generation AI chips will also support as much as 288 gigabytes of fast memory, which is one of the core specifications that AI developers watch. The new chip launches were highly anticipated and are viewed as the highlight of the company’s annual GTC conference. NVDA stock has declined 14% this year.
Is NVDA Stock a Buy?
The stock of Nvidia has a consensus Strong Buy rating among 42 Wall Street analysts. That rating is based on 39 Buy and three Hold recommendations issued in the last three months. The average NVDA price target of $177.23 implies 51.87% upside from current levels.
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