Key Takeaways Shares of several Nvidia partners got a lift Wednesday in the wake of CEO Jensen Huang's GTC keynote.Coherent, Lumentum, Corning, Fabrinet, and Amphenol are some of the companies that could be poised to benefit from Nvidia scaling up its tech,

Nvidia stock was dropping as investors awaited the start of CEO Jensen Huang’s keynote address at the company's GTC developer conference this afternoon. Shares of the AI chip company were down 3.1% in early trading Monday to $115.

Nvidia Corp. Chief Executive Officer Jensen Huang is losing his midas touch in the stock market. A year ago, when the euphoria about artificial intelligence was in full force, Huang’s name dropping of customers and partners at the chipmaker’s GTC conference sparked a rally in a number of the stocks,