Nvidia news: You thought Nvidia is rattled by China’s DeepSeek? These Citigroup analysts have a Buy rating on the chipmaker and have this to say todayheadline

The AI race has taken an interesting turn over the last three to four days, right after the launch of the DeepSeek R1, which is the open-source AI model launched by DeepSeek AI, a China-based startup. This new AI model, as soon as it launched, took on OpenAI’s ChatGPT as a major competition. Meanwhile, it also attained a top rating in Apple’s app store, due to which there arose some major changes in the US stock market, with the likes of Nvidia, Meta, Google, and Amazon losing their solid footing, and slumping a few points during trading.

Will Nvidia stay strong amid the DeepSeek AI wave?

According to reports, Citigroup analysts are still counting on the future and performance of Nvidia and have still placed a Buy rating on the chipmaking giant. Even though many are claiming that DeepSeek AI is just the tip of an AI avalanche, which will see a rapid race by China to capture the AI market across the world, Citi’s analysts are still staying strong behind Nvidia, probably because of the massive demand Nvidia’s chips have in the tech market at the moment.

Citigroup analysts are of the opinion that Nvidia’s AI chips and technology are one of the fundamentals behind the training of these top AI models like DeepSeek AI, which would in turn boost the company’s demand when more and more lineups of AI chips are released. This could be the major USP of Nvidia in this AI race, amid all adversities, say reports.

FAQs:

Does Nvidia make GPUs?
Nvidia makes some state-of-the-art graphics processors and has now even planned on launching its latest AI-backed GPUs into the market.

Does Nvidia have an AI model?
Does Nvidia have an AI model, including StyleGAN, GauGAN ,and others.