What on earth is going on with the Nvidia share price lately?
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The Nvidia (NASDAQ: NVDA) share price is up and down at the best of times. Lately though, it’s clicked into a higher gear of volatility.
At the end of January, it plunged 17% in one day due to concerns about DeepSeek R1, an open-source Chinese large language model purportedly trained on less powerful chips and a shoestring budget. Then it surged 20%, before slumping 14% over the past week.
What’s going on here? Let’s take a look.
Eye-popping growth
Over the past two years, Nvidia has reported blowout quarterly earnings results. This has generally wowed investors and the share price has soared in response to each report (up 400% in two years!).
However, since the AI…
