Nvidia Stock Investors Just Got Bad News From DeepSeek, but Certain Wall Street Analysts See a Silver Lining

  • Posted on January 29, 2025
  • By Yahoo News
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Nvidia Stock Investors Just Got Bad News From DeepSeek, but Certain Wall Street Analysts See a Silver Lining

The chipmaker saw its share price decline 17%, due to concerns about an artificial intelligence (AI) model from Chinese start-up DeepSeek. Despite regulations from the U.S. government that prohibit Nvidia from exporting its most advanced AI chips to China, DeepSeek reportedly created a large language model that rivals the performance of the more sophisticated models created in the U.S. The company also claims it trained the model while spending much less money and without the most advanced Nvidia chips.
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