DeepSeek drove NVIDIA's shares down, offering prime buying opportunities in a temporary trend.
Shares of Nvidia (NVDA -5.29%) were sinking Wednesday. The company's stock fell 6.2% as of 2:20 p.m.
Nvidia Corp (NASDAQ:NVDA, ETR:NVD) shares fell on Wednesday on the back of reports that the White House is examining further tightening of controls on chip exports to China. The Trump administration is mulling deeper curbs on the sale of the semiconductor company's H20 chips, Bloomberg reported.
Nvidia (NVDA) shares tumbled nearly 6% in intraday trading Wednesday, dashing hopes for a quick recovery from losses earlier in the week amid concerns about competitiveness of American AI firms and their spending on artificial intelligence.
Shares of Nvidia (NVDA -5.60%) are seeing another round of big sell-offs in Wednesday's trading. The stock was down 5.9% as of 1:26 p.m.
After appearing to recover from Monday's DeepSeek market sell-off, semiconductor giant Nvidia (NASDAQ: NVDA) is once again experiencing a downturn as jitters over artificial intelligence (AI) spending set in amid the earning season.
I rated NVDA as a Hold earlier and recommended hedging with put options in case of earning surprises. My earlier thesis has run its course prematurely thanks to DeepSeek's new AI algorithm. It caused NVDA stock to drop ~20%, and I don't think Q4 results can add to the downside surprises anymore.
Managers of Norway's Government Pension Global Fund are resigned to living with tech's high concentration risk but say stocks like Nvidia have some bubble protection due to this one factor.
Noah Hamman will keep his eye on the tech sector in 2025. He questions the room for growth after DeepSeek promised A.I.
NVIDIA Corporation NVDA has once again proven its resilience, rebounding 8.9% on Tuesday after a brutal 17% plunge on Monday. The sell-off was triggered by concerns that Chinese AI startup DeepSeek's latest artificial intelligence (AI) model could reduce demand for NVIDIA's high-powered graphics processing units (GPUs).
Wall Street views the DeepSeek hysteria as a golden opportunity to buy fundamentally strong technology stocks NVIDIA, Broadcom & Twilio.
After the shockwave sent through the artificial intelligence sector Monday following the DeepSeek earthquake, AI stocks recovered some of their lost ground.