Jan 29, 2025
 in 
Hot Stocks 🔥

Nvidia Rebounding After DeepSeek Storm Settles | Nemo

Name of opportunity: 👀

Nvidia Corporation 

Rebounding 🪃

After the DeepSeek scare that caused a huge selloff in top U.S. stocks, the market is now steady and Nvidia, who took the worst hit, is now making a partial rebound. Nvidia is a huge player in the AI world, but this stock was knocked down after Chinese AI company, DeepSeek, sparked a huge selloff in western AI stocks.

Nvidia is now up 8.93%, after experiencing the biggest single-day loss in the history of Wall Street. However, Nvidia is still performing well financially, and analysts are still recommending this stock as a ‘buy.’

How hot is this investment opportunity? 🔥🔥🔥

Analysts predict the price of Nvidia Corporation might increase from $128.99 to $157.22 in the next 12 months. If you invested $1000, you might profit $218.83.

One reason Nvidia may be rising again is because some investors might feel like the reaction to DeepSeek was over-the-top, and are therefore reinvesting in the stocks that fell, including Nvidia. 

Additionally, some investors might be taking advantage of the dip in price for popular stocks like Nvidia, as they may believe the stock will go back up in value again. 

DeepSeek uses Nvidia GPUs, and a company spokesperson gave a statement yesterday sharing that the success of DeepSeek is good for Nvidia, as it shows how new AI models - that rely on the technology Nvidia makes - continue to be made, advancing the sector.

Another reason why investors may be buying into Nvidia again is because this stock is experiencing a pretty quick rebound, which indicates resilience within the market. This is a positive sentiment for investors, and may have boosted their confidence that Nvidia is already making a partial rebound after a short amount of time.

Top AI leader 🤖

Nvidia Corporation is an American multinational technology company that specialises in developing graphics processing units (GPUs) and is a top leader in the AI space. The corporation is headquartered in Santa Clara, California, United States.

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Han Tan

Han Tan is a seasoned financial journalist and news presenter renowned for his expertise in global markets. With a career highlighted by interviews with prominent figures and recognition from major media outlets like CNN and Reuters, he delivers insightful analysis on market news and macroeconomic trends to clients and international audiences. Han's sharp commentary on currencies, stocks, and commodities is familiar to viewers of Bloomberg TV Malaysia, BFM 89.9, and NTV7, cementing his sterling reputation in the industry.