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."

DeepSeek has spelled a crisis for American tech innovation as it released a generative AI model that can perform on par with United States-made OpenAI’s “cutting edge” counterpart. Knewz.com has learned that DeepSeek R1 overtook America’s top chatbot to become the most downloaded

In January 2025, a surprising new AI chatbot called DeepSeek appeared on the scene and quickly shook up the tech world. Developed in China, this new chatbot gained massive popularity within days of its launch,