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 readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool