Reported about 7 hours ago
Nvidia's stock fell dramatically this week, with a 15.8% drop in shares largely due to the market's reaction to DeepSeek's new R1 AI model, which showed potential to outperform Nvidia's GPUs at a fraction of the training cost. This decline also coincided with broader geopolitical tensions and macroeconomic concerns, including the Federal Reserve's decision on interest rates and new tariffs from the Trump administration. The future of Nvidia's stock appears uncertain, especially as the company approaches its Q4 earnings announcement.
Source: YAHOO