10 Important AI News and Ratings for Today

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.

On January 27, Citi analyst Atif Malik maintained a Buy rating on Nvidia (NASDAQ:NVDA) with a price target of $175. The analyst discussed concerns raised by DeepSeek’s LLM, R1, which reportedly achieved high performance at a fraction of the cost of U.S. competitors. While Malik acknowledged the potential of DeepSeek’s achievement, he questioned whether its success was achieved without advanced GPUs, possibly using techniques like Distillation. Despite the possibility of global competition, Malik believes U.S. companies still have an edge due to access to advanced chips. He also pointed to recent AI capital expenditure announcements, such as Stargate, as signs of continued demand for cutting-edge GPUs.