Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We doubt the leading cloud vendors and AI builders will pause their plans," he wrote in a note to clients. "We still think tech firms will continue to buy all the GPUs they can as part this AI gold rush."
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
The biggest market loss in history happened, with Nvidia stock dropping 17%—and the entire internet thought this was hilarious.
Now let's get back to the question: Should you buy Supermicro before Feb. 25? The stock looks dirt cheap, now trading at only 10x forward earnings estimates, and if Supermicro meets the new financial report filing deadline, the stock could take off.
Tech giants around the globe were rattled on Jan. 27 after Chinese AI start-up DeepSeek unveiled an impressive, low-cost artificial intelligence (AI) model, sparking widespread concerns about the scale of investment being poured into expensive hardware and data centers.
JayzTwoCents personally signs a ZOTAC GeForce RTX 5090 graphics card at Micro Center, gets home and sees it up for sale for $5800.
India's IT minister has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government's efforts to build a localized AI model.
Meta’s Mark Zuckerberg plans to focus this year on getting back to ‘OG Facebook,’ here’s what that means per the CEO.
Meta Platforms and most other U.S. stocks are rising, but drops for Nvidia and Microsoft are weighing on the market. The S&P 500 rose 0.1% in midday trading Thursday. The
Most U.S. stocks are ticking higher following a rush of profit reports from some of the country’s most influential companies.
Nvidia Corp. (NVDA) stock edged 0.5% lower in pre-market trade on Thursday after earnings calls by Microsoft Corp. (MSFT) and Meta Platforms (META) did little to assuage market concerns about the impact of China’s DeepSeek AI.