Nvidia's GPU Technology Conference did not meet investor expectations, leading to a surprising downturn in AI cryptocurrencies. Despite Nvidia CEO Jensen Huang unveiling next-generation AI chips, the AI crypto market dropped by 2.8%.

The conference showcased Nvidia's future roadmap, including Blackwell Ultra chips and others set to release until 2027, aiming to enhance AI reasoning and autonomy.

Though investors anticipated positive impacts, AI token markets fell, with significant declines in AI Applications and other sectors. Nvidia's stock also suffered a 3.4% drop amid broader tech stock pressures and competition.