Nvidia stock rebounds as AI spending fears ease after DeepSeek buzz
Nvidia’s stock surged over 4% on Wednesday, rebounding from last week’s sell-off as concerns over China’s DeepSeek AI model failed to dampen Big Tech’s spending on artificial intelligence infrastructure. The stock’s rise follows Alphabet’s announcement of a planned $75 billion capital expenditure in 2025, well above Wall Street’s expectation of $57.9 billion. Investor fears had been triggered by......
