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Sundar Pichai Recently Delivered Spectacular News for Nvidia Stock Investors
Nvidia (NASDAQ: NVDA) stock is currently down 12% from its all-time high. It suffered a sharp sell-off in January after China-based start-up DeepSeek asserted that it had trained a competitive artificial intelligence (AI) model using a fraction of the computing power that had been deployed by leading U.S.-based developers like OpenAI.Investors feared that DeepSeek's techniques would be adopted by other AI developers, leading to a substantial drop in demand for Nvidia's high-end graphics processing units (GPUs), which are the best hardware available for developing AI models. However, those concerns might have been overblown.Google parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) is a big buyer of Nvidia's AI data center chips, and on Feb. 4, its CEO, Sundar Pichai, made some comments that should make Nvidia's investors feel much better.Continue reading
Nvidia (NASDAQ: NVDA) stock is currently down 12% from its all-time high. It suffered a sharp sell-off in January after China-based start-up DeepSeek asserted that it had trained a competitive artificial intelligence (AI) model using a fraction of the computing power that had been deployed by leading U.S.-based developers like OpenAI.
Investors feared that DeepSeek's techniques would be adopted by other AI developers, leading to a substantial drop in demand for Nvidia's high-end graphics processing units (GPUs), which are the best hardware available for developing AI models. However, those concerns might have been overblown.
Google parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) is a big buyer of Nvidia's AI data center chips, and on Feb. 4, its CEO, Sundar Pichai, made some comments that should make Nvidia's investors feel much better.
