Nvidia CEO Jensen Huang (NVDA) unveiled a new AI GPU chip called "Blackwell", which is expected to ship out later this year. Huang also announced a new partnership with Synopsys (SNPS). The announcement was made during the annual Nvidia GTC event. Synovus Trust Senior Portfolio Manager Daniel Morgan joins Yahoo Finance to discuss the announcement, the conference, and how other AI chip makers are performing, giving insight into what investors should pay attention to. Morgan relays why he believes Nvidia and other AI stocks are not like the internet bubble from the past: "It doesn't feel anything like that today. You have companies that... obviously have very good earnings. They're doing very well. They have very established businesses. Lots of cash on the balance sheet. I don't feel we're in an AI-dot com bubble at this point. I think we're at the beginning of something big. There are going to be companies that are not going to benefit from it as much as everybody thinks they are. But I think Nvidia is one that is going to benefit and, obviously, that will show up in the stock price. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

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