Key Takeaways Nvidia CEO Jensen Huang is set to meet with President Donald Trump at the White House Friday, Bloomberg reported, after a wild week for the chipmaker's stock.Shares have lost over 12% this week after the emergence of a sophisticated,
Despite market jitters, Bank of America remains optimistic, stating that concerns over DeepSeek’s impact on the semiconductor industry are overstated, maintaining a bullish outlook on key players like Nvidia (NASDAQ: NVDA).
Bank of America Securities analyst Vivek Arya reiterated a Buy rating on Nvidia (NVDA – Research Report) yesterday and set a price target of
Shares of chipmaker Nvidia (NVDA) plummeted 17% on Monday and lost nearly $600 billion in market value. The decline was triggered by the
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
Nvidia ( NVDA) stock tanked on Monday, falling more than 17% and losing nearly $600 billion off its market cap as investors digested the growing popularity of a new cost-effective artificial intelligence model from the Chinese startup DeepSeek.
Then there is the hype question. Since Chat GPT set off the AI gold rush in late 2022, Nvidia has been the ultimate “picks and shovel” play. But like investment in the early days of the internet, the AI boom has so far been based more on the belief that it will change everything than hard evidence that it can generate returns.
Nvidia faces new threats as China's DeepSeek challenges AI chip dominance, shaking markets. Can Nvidia maintain its competitive edge?
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged
Constellation Energy (NASDAQ: CEG) was among the losers this week as the deregulated utility was one of a number of stocks to get hit hard by the launch of DeepSeek, the Chinese AI start-up that is reportedly able to achieve performance results similar to ChatGPT and Alphabet's Gemini,
Salem Investment Counselors Inc. cut its stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
Stock traders took some risk off the table before the Federal Reserve decision, with a trio of tech heavyweights kicking off the megacap earnings season just days after DeepSeek rattled markets.