Nvidia stock has crossed a red line that points to more pain after this week's DeepSeek rout
- Nvidia's stock has dropped 16% after concerns over the DeepSeek AI model, erasing nearly $600 billion in market value in one day.
- Despite strong demand, Nvidia's new RTX 50 series graphics cards face delays due to manufacturing issues, leading to backorders.
- President Donald Trump's proposed tariffs on foreign chip production could increase costs for Nvidia, impacting sales and profits.
- Analysts suggest Nvidia's stock may enter a sideways consolidation phase, with significant earnings needed to justify its current valuation.
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Coverage Details
Total News Sources0
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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