Shares of Nvidia (NASDAQ: NVDA) spiked Tuesday. The company's stock gained 8.9% as of market close. The move up comes as the S&P 500 and Nasdaq Composite gained 0.9% and 2%, respectively. Nvidia's stock felt some relief after a major sell-off on Monday that was spurred by a new AI entrant,

Even if you don't pay much attention to the stock market, chances are you've heard about Nvidia and its share price today. Catch up on why it matters.

Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"

Analysts see this as an opportunity to buy NVDA shares as they believe the market has overreacted to the Chinese AI model. Bofa analysts believe this worry is overstated. Whereas, Wedbush analyst, Dan Ives called it a buying opportunity for American tech stocks. He wrote in a post on X:

According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and Meta’s Llama AI models across multiple benchmarks.

Tuesday’s session followed a start to the week that marked Nvidia’s worst day in years, as a roughly 17% drop led to a loss of nearly $600 billion in market value.

Nvidia faces pressure from DeepSeek's impact on AI costs. Learn why NVDA stock’s high-margin business model may be vulnerable to these market shifts.

Nvidia was last higher by about 7% on Tuesday, with the rally gaining steam throughout the session. The stock at one point shortly after the open was in the red. That bounce comes

Nvidia (NASDAQ:NVDA) stock has been getting crushed today and has plunged over 17.4% in Monday trading. This is the biggest single-day drop for NVDA since the tech selloff began i