NVIDIA Stock Volatility and Korean Investors' Vigorous Buying
Following the announcement of a low-cost, high-performance AI model by Chinese startup DeepSeek, NVIDIA's stock saw a sharp decline, though South Korean investors have sustained their interest in NVIDIA shares. Between January 24 and 30, South Korean investors net purchased $317,212,619 worth of NVIDIA stocks, demonstrating notable interest in 2x leverage ETFs that target NVIDIA's performance. This movement indicates confidence in NVIDIA's technological advancements and expectations in continued investment in big tech firms.
DeepSeek's AI model announcement has intensified the competition for NVIDIA, amid expectations of increased regulation from the U.S. government concerning AI semiconductors. Last week, NVIDIA's shares experienced a 16.97% drop due to AI-related news, although they rebounded by 8.93% the next day. Despite this volatility, analysts emphasize NVIDIA's long-term value and technological prowess, noting that continued capital investments by big tech companies will be crucial in determining future stock trajectories.
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