HomeIndustriesTechnologyNVDA CEO Sees More Compute Demand Despite DeepSeek, Analysts Beat Bull Drum

NVDA CEO Sees More Compute Demand Despite DeepSeek, Analysts Beat Bull Drum

While Nvidia's (NVDA) stock price bleeds, optimism rides in the analyst community following earnings from the Big Tech leader. Caroline Woods notes price target hikes but adds it's "hard to be more bullish" when just about everyone was a bull to begin with. She notes CEO Jensen Huang's comments on DeepSeek as bullish for the company's outlook. Huang argued the Chinese A.I. model showed more compute power will be needed in A.I.'s evolution.

Next Gen Investing

27 Feb 2025

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