Analysts aren't panicking about Nvidia stock after China's DeepSeek AI advance sparked a sell-off
This story incorporates reporting fromFinbold | Finance in Bold and MSN.Following a dip in Nvidia’s stock value due to concerns over AI capital expenditure and an AI advancement in China, top analysts have re-evaluated their positions. This reaction aligns with the release of DeepSeek’s AI assistant app and its new large language models, DeepSeek-R1 and DeepSeek R1 Zero, earlier in the month. These advancements have sparked industry discussions about their potential impact on the AI landscape.