Amazon, Microsoft, Alphabet, and Meta Just Gave Nvidia Great News. But Does That Make The Stock A Buy Before Feb. 26?
Nvidia's "Magnificent Seven" peers are doubling down on their AI infrastructure spending this year.
The stock market appears to be in the middle of quite the storm as of late. In the final days of January, a Chinese start-up called DeepSeek sent shock waves around the world after it released an artificial intelligence (AI) model similar to ChatGPT -- and claims to have trained its AI with legacy architectures that aren't widely leveraged by U.S. developers.
While technology stocks in general have been more volatile since DeepSeek's arrival, none has taken a hit as hard as Nvidia (NASDAQ: NVDA). Investors are panicking that Nvidia's newer chipware may not be as much of a necessity, given DeepSeek's claims.
Although the uncertainty surrounding Nvidia's future prospects is disorienting, some of the company's biggest partners have been dropping clues as to how DeepSeek is influencing their own AI roadmaps. I'll analyze what these trends are and assess how they might impact Nvidia.
