Nvidia’s stock has declined near January lows following a recent earnings call, where CEO Jensen Huang praised DeepSeek’s emerging technology as a growth catalyst. Analysts have largely remained bullish, citing growing demand for AI and the potential benefits of increased competition. Despite concerns over slowing chip demand, analysts expect Nvidia to benefit from DeepSeek’s emergence and accelerating AI adoption. The company’s big tech buyers, including Meta, Microsoft, Amazon, and Alphabet, are also investing in AI development, pushing American firms to act with greater urgency.
Source: https://www.investopedia.com/why-wall-street-analysts-say-nvidia-could-be-a-deepseek-beneficiary-stock-11688732