DeepSeek has shaken up the AI world, raising questions about its capabilities, and security risks. But the future of AI still relies on American silicon despite the hype.
Fed, NVIDIA
· 1d · on MSN
Apple, Nvidia losses keep S&P 500, Nasdaq flat as Fed's rate verdict looms
Nvidia back under pressure as tech stocks extend decline ahead of Fed rate decision
Nvidia's stock was getting crushed again on Wednesday after recovering some of Monday's 17% rout in the previous session, as investors continued to digest the impact of DeepSeek's surprise AI advancement on the U.
· 1d · on MSN
US stocks dip as Fed holds rates steady, Nvidia drops amid China concerns
The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.
Importantly, several Wall Street analysts have updated or reiterated their forecasts since DeepSeek published its research paper last week, and they all see upside in Nvidia stock from its current price of $128 per share. Gil Luria at D.A. Davidson set his target price at $135 per share, implying a 5% upside.
Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever, amid panic over DeepSeek.
In a recent post on X (formerly Twitter), the cloud gaming service announced the latest update to the GeForce Now app adds support for cloud streaming on the Apple Vision Pro, Meta Quest 3, Quest 3S, Pico 4 and Pico 4 Ultra. Users with these headsets should be able to access the entire catalogue of titles available on Nvidia's cloud gaming service.
Technology stocks were rocked to their core Monday after claims made by a Chinese start-up threatened to upend the existing artificial intelligence (AI) paradigm.
After Nvidia's DeepSeek-driven dive this week Apple is once again top dog on Wall Street. The iPhone-maker's weighting in the S&P 500 is 7%, just above Microsoft on 6.5% and Nvidia, now third on 6.15%.
Apple Vision Pro now has access to many AAA games, thanks to compatibility with Nvidia GeForce Now. The service is also available on Meta Quest and Pico headsets. If you dived in early to get yourself an Apple Vision Pro headset,
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?"
Plus: How AI propelled Nvidia up the list and other insights from this year's survey of corporate reputations.
DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel China’s AI innovation.
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