The chip maker's shares are down 14% in 2025, tumbling as Donald Trump's tariffs have triggered a rotation out of tech.

GTC 2025 conference is less than a week away, and investors are anticipating a catalyst for its struggling stock could be coming. That optimism helped shares jump as much as 7.4% today. Even so, Nvidia shares have lost more than 15% so far this year,

After retreating 27% in the past three weeks, Nvidia stock is attempting a rebound. Several Wall Street bulls say shares of the AI chipmaker are trading at an attractive valuation now.On Tuesday, Nvidia stock hit a six-month low of 104.

Nvidia stock rose Wednesday as it continued to pare back some of its recent losses—but more big swings could be ahead.Shares in the chip maker rose 6.4% to $115.74, having closed the previous session up 1.