Nvidia stock among top Florida Google searches. What's its 2025 forecast, Deepseek's impact

Nvidia stock ranked among the top Google searches of 2024, driven by its innovations in AI, graphics processing, and semiconductors.

Nvidia’s technological advancements have made it a key player in industries like gaming and autonomous vehicles, attracting both tech enthusiasts and investors. Its rising prominence reflects its growing influence in shaping the future of technology.

Nvidia is at the top of the news again this month after a new AI model DeepSeek was released, offering a low-cost alternative to U.S. developments like ChatGPT while using less powerful chips. The increased competition has sparked concerns, causing Nvidia’s biggest stock drop since COVID-19.

What does Nividia do?

Nvidia is a leading tech company known for designing graphics processing units (GPUs) and advanced chips for gaming, artificial intelligence, and professional markets. Its chips power high-performance gaming systems, AI-driven applications, self-driving cars, and data centers.

Nvidia also develops software and platforms that enhance machine learning, simulation, and digital content creation, making it a key player in shaping the future of technology across various industries.

Is Nvidia an American or Chinese company?

Nvidia is an American company, founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem in Santa Clara, California. Initially, it focused on creating graphics processing units (GPUs) for the gaming industry.

What does the future hold for Nvidia’s stock in 2025?

Nvidia’s future is uncertain after its stock dropped by 17% on Monday — the largest one-day drop since COVID-19’s arrival in 2020 — slashing more than $595 billion from the company’s valuation, CNBC reported.

This came after Chinese AI company DeepSeek released its R1 model, a similar AI app to ChatGPT, created and launched for less than $6 million, while American competitors spend hundreds of millions on comparable apps, reported by Investopedia. The R1 model matches the capacity of OpenAI and Google Gemini but uses fewer, less powerful chips, sparking investor concerns about the future of highly valued U.S. tech stocks.

Nvidia shares rose 5% on Tuesday, rebounding slightly from Monday’s historic loss. The Wall Street endorsements, however, failed to lift the stock. Nvidia stocks are now down 23% from an all-time high reached earlier this month, as reported by CNBC.

Diamond Walker is a journalist at The Palm Beach Post, part of the USA TODAY Florida Network. You can reach her at dkwalker@gannett.com. Help support our journalism. Subscribe today

This article originally appeared on Palm Beach Post: Nvidia stock and DeepSeek AI impact: What it holds for investors