Nvidia Stock Investors Just Got Great News From Amazon and Google-Parent Alphabet

In January, Chinese start-up DeepSeek introduced an artificial intelligence (AI) chatbot that quickly became the most downloaded free mobile application in the U.S. Importantly, the base large language model behind the DeepSeek application allegedly cost $6 million to train and reportedly outperforms top U.S. models on certain benchmarks.That shook Wall Street because OpenAI spent over $100 million training its GPT-4 model and supposedly had access to more advanced chips than DeepSeek. Investors rushed to the conclusion that U.S. companies have been overspending on AI infrastructure, and Nvidia (NASDAQ: NVDA) shares fell 17% on the news, erasing $600 billion in market value. That is the largest single-day loss in U.S. history.Nvidia shares are still down by about 9% since DeepSeek rattled the market, and the stock is currently 13% off its all-time high. But Nvidia shareholders just got some good news from Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL). Read on to learn more.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool