Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We doubt the leading cloud vendors and AI builders will pause their plans," he wrote in a note to clients. "We still think tech firms will continue to buy all the GPUs they can as part this AI gold rush."

The biggest market loss in history happened, with Nvidia stock dropping 17%—and the entire internet thought this was hilarious.

On The Vergecast: AI chips, AI apps, the re-Pebble, and more.

Earlier in January, DeepSeek released its AI model, DeepSeek (R1), which competes with leading models like OpenAI's ChatGPT o1. What sets DeepSeek apart is its ability to develop high-performing AI models at a fraction of the cost.

Good morning. US officials question whether DeepSeek dodged chip restrictions. Mexico and Canada brace for Donald Trump’s much-hyped tariffs. And you may want to stock up on avocados. Listen to the day’s top stories.

Autoridades dos EUA investigam se a startup chinesa de inteligência artificial DeepSeek adquiriu semicondutores avançados da Nvidia por meio de terceiros em Singapura, burlando as restrições dos EUA à venda de chips usados para tarefas de IA,

Explore DLSS 4's groundbreaking features, benchmarks, and how it outshines FSR 3 and XeSS in gaming performance and efficiency.

Tech giants around the globe were rattled on Jan. 27 after Chinese AI start-up DeepSeek unveiled an impressive, low-cost artificial intelligence (AI) model, sparking widespread concerns about the scale of investment being poured into expensive hardware and data centers.

JayzTwoCents personally signs a ZOTAC GeForce RTX 5090 graphics card at Micro Center, gets home and sees it up for sale for $5800.

Nvidia crossed below its 200-day moving average this week for the first time since 2023. Analysts say the correction could deepen.

India's IT minister has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government's efforts to build a localized AI model.