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Benzinga
Benzinga
Business
Piero Cingari

Nvidia's Big Moment Is Back—Stock Exploded 500% The Last Time This Happened

Taipei,,Taiwan-,July,25,,2022:,The,Office,Building,Of,Nvidia

After plunging in January on fears that China's DeepSeek AI could undercut its dominance, the Nvidia Corp. (NASDAQ:NVDA) stock has not only recouped the losses—it's now flashing a powerful technical signal that has historically preceded massive rallies.

Back in January, DeepSeek's performance shocked investors after the AI model posted best-in-class benchmarks while running on a less advanced Nvidia chip.

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