We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other AI stocks. In September 2024,

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.

Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.

Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever, amid panic over DeepSeek.

Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.

Morgan Stanley is also very bullish on the growth prospects for humanoid robots. The investment banking firm forecasts that there will be 40,000 humanoids working alongside humans in the U.S. by 2030, and that number will soar to 8 million by 2040 and 63 million by 2050.

The recovery came after US chipmaker Nvidia closed up 9 per cent on Tuesday, recouping some of the heavy losses that wiped $600bn off its market capitalisation at the start of the week, when investors fretted over the threat from China’s DeepSeek to the US supremacy in artificial intelligence.

Here are some of the major companies whose stocks moved on the week’s news.

Chinese AI firm DeepSeek has emerged as a potential challenger to U.S. AI companies, demonstrating breakthrough models that claim to offer performance Chinese firm's efficient AI model raises questions about Big Tech's massive infrastructure spending plans.

Stock traders took some risk off the table before the Federal Reserve decision, with a trio of tech heavyweights kicking off the megacap earnings season just days after DeepSeek rattled markets.

Cathie Wood, chief of Ark Investment Management, believes in tech stocks that will have a disruptive impact. She isn’t afraid to buy them on the way down — or up. Sometimes her strategy works: The flagship Ark Innovation ETF (ARKK) has returned 9% this year as of Jan.

We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other AI stocks. In September 2024,