Bold Bet Amid Chaos: Perplexity CEO Aravind Srinivas Doubles Down on Nvidia Stock! 🚀
Market Crash Sparks Strategic Buying
Perplexity CEO Aravind Srinivas has taken a bold step amidst market turmoil, doubling down on Nvidia stock despite a sharp decline triggered by the rise of Chinese AI app DeepSeek.
📉 On January 27, 2025, Nvidia’s stock suffered a historic 17% plunge, erasing nearly $593 billion in market value.
However, Srinivas remains bullish on Nvidia’s future. Taking to X (formerly Twitter), he confidently stated:
🔹 “I just bought some more NVDA(sic).”
His post was in direct response to CNBC journalist Jim Cramer, who warned:
🔸 “There is no silver lining right now with Nvidia though.”
Despite the skepticism, Srinivas’ strategic move signals confidence in Nvidia’s long-term potential, even amid market uncertainty.
Tech Stocks Face Major Sell-Off 📉
DeepSeek’s rapid rise has shaken global tech markets, triggering a major sell-off.
📉 On January 27, the Nasdaq index fell by 3.1%, largely due to Nvidia’s stock crash. Other tech giants also saw major declines:
✅ Broadcom Inc. dropped 17.4%
✅ Microsoft (a key ChatGPT investor) fell 2.1%
✅ Alphabet (Google’s parent company) declined 4.2%
This downturn marks one of the largest one-day losses in Wall Street history, as reported by LSEG.
DeepSeek’s Disruptive Impact on the AI Market 🤖
The Chinese AI app DeepSeek is reshaping the AI landscape by offering advanced language models that rival OpenAI and Meta, but at a fraction of the cost.
📊 DeepSeek has already surpassed ChatGPT on Apple’s App Store in key markets, including:
🇺🇸 USA | 🇬🇧 UK | 🇨🇦 Canada | 🇦🇺 Australia | 🇨🇳 China | 🇸🇬 Singapore
Analysts believe that DeepSeek’s breakthrough is fueling investor concerns over competition, leading to a massive sell-off of AI-related stocks.
The big question now:
🔹 Can Nvidia and other tech giants recover from this disruption?
Investor Reactions: A ‘Good Move’ or a Risky Bet? 🤔
Srinivas’ bold move to buy more Nvidia stock has sparked heated debates among investors:
💬 User Reactions on Social Media:
✔️ “You are the silver lining.”
✔️ “Good move.”
✔️ “If there’s no silver lining, might as well buy the dip.”
✔️ “Americans need Nvidia. I’m holding and not selling.”
✔️ “To the moon!” 🚀
While some see this as a strategic buying opportunity, others remain cautious about the long-term effects of DeepSeek’s market shake-up.
Must Read – How to Turn Off Voicemail on Android
Looking Ahead: What’s Next for Nvidia? 🔍
Despite this market turmoil, Nvidia remains a dominant force in the AI and semiconductor space.
Market analysts predict that the rising demand for AI chips and high-performance computing will continue to drive Nvidia’s growth.
Will Srinivas’ bold investment pay off, or is this a high-risk gamble? 🤔
One thing is certain—the AI battle is far from over.
🚀 Stay Tuned for More Market Updates!
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