Importantly, several Wall Street analysts have updated or reiterated their forecasts since DeepSeek published its research paper last week, and they all see upside in Nvidia stock from its current price of $128 per share. Gil Luria at D.A. Davidson set his target price at $135 per share, implying a 5% upside.
Donald Trump's decision to place tariffs on Taiwan comes as China made significant breakthroughs with AI development.
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.
The Chinese start-up DeepSeek’s latest large language model has been described as a ‘Sputnik moment’ for the American tech industry
The US president wants US tech companies to dominate artificial intelligence but acknowledges the challenge posed by the low-cost rival, DeepSeek.
Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.
Taiwan’s government will soon look at whether it needs to help its domestic industry over threats by President Donald Trump to put tariffs on semiconductors, Premier Cho Jung-tai said on Wednesday.
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate decision saw the central bank keep rates unchanged in a range of 4.25%-4.5%.
TAIPEI, Jan 17 (Reuters) - Nvidia's (NVDA.O), opens new tab chief executive Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead ...
Trump dubs DeepSeek's new AI model a wake-up call for US tech firms. He urged them to focus on innovation to retain their competitive edge.
Donald Trump’s administration is considering stricter limits on Nvidia’s H20 chip sales to China, due to DeepSeek AI and growing concerns over the Asian giant’s AI tech advancements. The H20 chips, compliant with US restrictions,