Nvidia CEO Jensen Huang has made a surprising statement about the impact of DeepSeek’s R1 open source reasoning model on the chipmaker’s business. Huang claims that the market got it wrong, and the release of R1 is actually good for the AI market, accelerating its adoption and making it more efficient. This news comes after DeepSeek’s release of the open source version of its R1 model, which caused a significant drop in Nvidia’s stock price.
Forecast for 6 months: Nvidia’s stock price is expected to continue its recovery, with a potential increase of 10-15% in the next 6 months. DeepSeek’s open source model will continue to gain traction, leading to increased adoption of AI in various industries.
Forecast for 1 year: In the next 1 year, Nvidia is expected to see a significant increase in demand for its computing resources, driven by the growing adoption of AI. The company’s stock price is expected to reach new highs, with a potential increase of 20-25%.
Forecast for 5 years: In the next 5 years, AI is expected to become a dominant force in various industries, leading to a significant increase in demand for computing resources. Nvidia is expected to be a major beneficiary of this trend, with its stock price potentially increasing by 50-60%.
Forecast for 10 years: In the next 10 years, AI is expected to transform various industries, leading to a significant increase in demand for computing resources. Nvidia is expected to be a leader in this trend, with its stock price potentially increasing by 100-150%.
