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Benzinga
203 days

How to Trade NVDA After China's Shock AI Reveal

1. China's DeepSeek AI competes with ChatGPT at a fraction of the cost. 2. NVDA dropped nearly 17% due to competition fears over its chips. 3. Heavy selling pressured NVDA towards $110-$100 per share. 4. High trading volumes indicate major investor shifts affecting NVDA. 5. Upcoming Fed decisions and tech earnings could impact NVDA's future.

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FAQ

Why Very Bearish?

The introduction of a low-cost competitor undermines NVDA's market dominance.

How important is it?

The article directly addresses NVDA's challenges amid significant market shifts.

Why Short Term?

Immediate market response suggests ongoing volatility in NVDA's stock price.

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