Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We ...
While companies like DeepSeek may find success in certain market segments, they face an uphill battle against this massive ...
Nvidia on Monday said Chinese AI firm DeepSeek's advances show the usefulness of its chips for the Chinese market and that ...
DeepSeek has shaken up the AI world, raising questions about its capabilities, and security risks. But the future of AI still ...
After a market-wide panic over AI start-up DeepSeek, CNBC’s Jim Cramer reflected on what the new player’s entrance into the ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
Nvidia is a leader in AI and gaming tech, but its stock drop has many wondering what’s next. Here’s a look at what Nvidia ...
Development on the first DeepSeek R1 clone might have started with the announcement of the Open-R1 open-source project.
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