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Barchart
Barchart
Sristi Suman Jayaswal

Citi Analysts Are Doubling Down on Nvidia Stock. Should You?

Nvidia Citi NVDA DeepSeek Dell

Nvidia (NVDA) has dominated the tech scene in recent years, riding high on the artificial intelligence (AI) boom. With its powerful GPUs driving advancements in gaming, data centers, and autonomous tech, the company has become synonymous with innovation. Investors rode the AI wave to unprecedented highs… until DeepSeek changed the game.

A little-known Chinese startup, DeepSeek, unveiled its R1 model, a shockingly efficient AI system trained for just $5.6 million. The impact was seismic and rippled through Wall Street, wiping nearly $1 trillion off U.S. tech stocks. Nvidia bore the brunt, suffering a record loss in market value and marking the largest single-day wipeout in U.S. stock-market history. Investors panicked, questioning the future of high-cost AI development.

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