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After Nvidia’s earnings, some analysts said the company’s annual conference could prove a meaningful catalyst for the stock — but two are now throwing cold water on that idea

After Nvidia’s blowout earnings failed to jolt the stock, Wall Street turned its hopes to next week’s GPU Technology Conference. But investors shouldn’t be too optimistic about this event either, some analysts say.

GTC is expected to offer more information about Nvidia’s NVDA product road map, UBS analyst Timothy Arcuri said in a note to clients. However, it’s “hard to see [Nvidia] being able to provide thesis-altering commentary that creates a breakout for the stock,” he wrote in the Friday note. Shares are roughly flat so far this year.