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.

Nvidia stock was rising early on Monday. Healthy demand for artificial-intelligence chips looked to be helping it shrug off wider market moves and further reports of government pressure in China for local companies not to use its hardware.

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.”