Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems. The company is believed to control as much as 98% of the data center GPU market, according to semiconductor analyst firm TechInsights. If AI models can be trained on lower-cost, inferior chips, Nvidia has a lot to lose.

AI stock leaders Nvidia, Broadcom and Astera Labs all crashed on DeepSeek fears Monday. Though many are preparing for a bleak four years, former director of public affairs and senior adviser for the Biden administration Jonathan Lovitz isn’t worried about small entrepreneurs.

A new quarterly earnings season is now underway in corporate America. Next week, we will hear from some of the "Magnificent Seven" technology companies, which collectively represent almost one-third of the value of the entire S&P 500 (SNPINDEX: ^GSPC).