Nvidia, Other AI-Focused Stocks Rebound Somewhat After Monday's Selloff

KEY TAKEAWAYSNvidia and other artificial intelligence stocks at the forefront of the AI revolution are rebounding somewhat in premarket trading Tuesday after a selloff triggered by Chinese startup DeepSeek’s launch of a cutting-edge model at a fraction of the cost of its U.S. rivals.The Chinese company's launch of its low cost R1 model using less advanced chips cast doubt about the high valuation of a swath of stocks.Nvidia called DeepSeek’s AI model an “excellent AI advancement.” Nvidia (NVDA) and other ar ...