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Despite strong earnings, nvidia's stock was downgraded by kinngai chan of Summit Insights Group due to concerns over the impact of Chinese startup deepseek on computing power needs for AI development.

Business & Finance Nvidia downgraded by one Wall Street firm worried about the DeepSeek effect
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Fear 😨

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😨 Fear

nvidia was downgraded by an analyst despite strong earnings and guidance.

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😨 Fear

deepseek is mentioned as a Chinese AI startup affecting nvidia's stock performance.

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😨 Fear

kinngai chan downgraded nvidia's stock rating.