Key Takeaways Nvidia shares slid Tuesday as CEO Jensen Huang gave a highly anticipated keynote address at the AI chipmaker's GTC conference.After setting a record high in January, the stock has traded within a descending channel,

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 has wrapped its GTC keynote, but investors didn't seem too impressed, with shares ending the day down 3.4%.