DeepSeek looks to have been the pause that refreshes for the most basic AI trade: buy the high-powered chips that everyone’s trying to get their hands on.
After a record one-day loss in market cap, it would be safe to expect some kind of bounce in Nvidia. And the stock did get that, before making post-DeepSeek lows thereafter. Even so, shares are handily outperforming Magnificent 7 hyperscalers (Alphabet, Meta, Amazon, and Microsoft) since the close on January 27. Both Morgan Stanley and
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https://sherwood.news/markets/broadcom-and-nvidia-are-capitalizing-on-the-return-of-the-winner-take-all-ai/
