Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"

Shares of Nvidia ( NVDA 8.93%) surged higher on Tuesday, after taking it on the chin Monday. The maker of graphics processing units (GPUs) used for artificial intelligence (AI) applications gained as much as 7.2%. As of 1:30 p.m. ET, the stock was still up 7.1%.

According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and Meta’s Llama AI models across multiple benchmarks.

Nvidia faces pressure from DeepSeek's impact on AI costs. Learn why NVDA stock’s high-margin business model may be vulnerable to these market shifts.

DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model for a fraction of the cost.

Nvidia (NASDAQ: NVDA) stock has been getting crushed today and has plunged over 17.4% in Monday trading. This is the biggest single-day drop for NVDA since the tech selloff began in August. Why? DeepSeek.

Shares of Nvidia (NVDA) tumbled Monday after the release of a sophisticated artificial intelligence model from a Chinese startup prompted a reckoning on Wall Street regarding AI spending. Chinese company DeepSeek last week released R1,

Not all big technology stocks got hit in the rout, however. Apple Inc., which gained 3.3% today, has overtaken Nvidia as the top company by market value. Meta Platforms Inc. also ended the day higher,