Reported about 9 hours ago
Nvidia's stock has seen a significant drop following the entrance of DeepSeek, a Chinese AI start-up claiming to rival Nvidia's tech using older chips. This has led to concerns about Nvidia's pricing and market value, resulting in a loss of $600 billion in market capitalization. Historical trends suggest that Nvidia's current price-to-earnings ratio doesn't guarantee a solid recovery, as analysts may lower earnings projections due to uncertain demand in AI infrastructure. Although Nvidia is expected to remain a leader in the AI sector, the stock may not experience doubling in value again in 2025.
Source: YAHOO