Nvidia (NVDA) shares are in focus this morning after the AI chips specialist announced several key partnerships with European businesses.

On Wednesday, the company’s chief executive, Jensen Huang, also delivered a keynote speech at the GTC event in Paris that addressed quantum computing, physical AI, and NVDA’s software push, among other things. 

At the time of writing, Nvidia stock is up more than 60% versus its year-to-date low set on April 4. 

What Huang Said About Quantum Computing

Jensen Huang surprised markets at the GTC event as he declared quantum computing is now at an “inflection point.”

Huang highlighted Nvidia’s work on hybrid systems – blending quantum and classical processing – with meaningful milestones expected over the next two to three years. 

This positions Nvidia stock to capture upside from next-gen compute alongside GPU leadership. It opens news growth avenues and raises investor optimism that NVDA may gain early mover advantage in emerging quantum-enabled artificial intelligence.  

Huang’s Comments on Physical AI at GTC Paris

Jensen Huang’s keynote speech detailed Nvidia’s advancement in physical AI as well – training robots to convert language prompts into motion. 

The chief executive emphasized tools like the Isaac GR00T humanoid model, the Cosmos physics platform, and the Newton engine that allow real-world autonomous system explore concepts like friction, inertia, and cause and effect. 

By expanding from simulation to deployment in industrial automation and service robotics, NVDA is tapping into a much larger market, enhancing its long-term revenue outlook beyond data center GPUs. 

Huang Reiterates NVDA’s Commitment to Software

CEO Jensen Huang spotlighted Nvidia’s software ecosystem, CUDA-Q for quantum integration, Dynamo as the OS for AI factories, and Nemotron for sovereign LLM models in Europe. 

By layering software atop its chips and platforms like DGX Cloud and Blackwell Ultra, the Nasdaq-listed firm is locking in customers and capturing more value per deployment. 

This vertical integration deepens its competitive moat, enhances recurring revenue, and improves margins – all of which could lead to a continued increase in the Nvidia stock price moving forward. 

What Wall Street Expects From Nvidia Stock in 2025

Wall Street analysts remain bullish as ever on Nvidia stock after Jensen Huang’s keynote at the GTC Paris. 

The consensus rating on NVDA shares currently sits at “Strong Buy” with the mean target of about $174 indicating potential upside of well over 20% from current levels.