Nvidia Stock Investors Just Got Good News From President Donald Trump and Wall Street

Last week, Chinese startup DeepSeek published a research paper in which it claimed to have trained a large language model rivaling the performance of leading U.S. models, while spending much less money than U.S. companies. Shares of Nvidia (NASDAQ: NVDA) fell sharply on the news because of its dominant position in artificial intelligence (AI) accelerator chips.However, Wall Street has some good news: Several analysts thinks the efficient training techniques DeepSeek employed may actually benefit Nvidia by reducing costs and accelerating AI adoption. For instance, software companies may be able to integrate AI features into applications without spending as much money to train models. But running the applications would still require powerful chips, which could create more demand for Nvidia GPUs.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.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool