Nvidia has launched a new central processing unit (CPU) aimed at challenging AMD and Intel, as the company eyes a potential stock rebound. The new chip, introduced by CEO Jensen Huang at an event in Taiwan, is set to be integrated into Microsoft computers initially, with plans for broader deployment. Nvidia's move into the AI PC market, valued at over $200 billion, comes as the company seeks to capitalize on the growing demand for AI agents. Despite recent stock price corrections, Nvidia's strong technical indicators suggest a bullish breakout may be imminent. The stock, which has retreated to $211.15 from $236.83, remains above the 100-day Exponential Moving Average, indicating continued bullish control. Nvidia's robust revenue growth, highlighted by an 85% surge to $81 billion in the first quarter, further supports the potential for a stock price rebound. Analysts project continued growth, with revenue expected to reach $391 billion, bolstered by new product launches and strategic market expansions.