Nvidia (NVDA) stock faced a market cap loss of close to $600 billion on a single day last month due to fears triggered by China’s DeepSeek

Shutterstock The firm concluded that the DeepSeek selloff is a buying opportunity, and maintained Nvidia as a "Top Pick" with an overweight rating and $152 price target on the shares. While Morgan acknowledged that DeepSeek creates some headwinds around export controls and longer-term investment and that sentiment on Nvidia has worsened around potential longer-term risks,

Finbold consulted DeepSeek for additional insight into what price Nvidia stock could be trading at by the end of the year.

Good news has been difficult to come by for Nvidia (NASDAQ: NVDA) investors lately, which is evident from the roughly 10% decline in the company's stock price in the past three months. The once high-flying artificial intelligence (AI) chip stock has been weighed down by multiple headwinds despite delivering outstanding growth and guiding above

Nvidia Corporation's AI chip dominance remains solid despite DeepSeek's claims. Click for why NVDA's ecosystem, innovation, and financial strength position it well.