Nvidia and other U.S. AI stocks rebounded Tuesday after Monday’s DeepSeek-driven sell-off. Nvidia shares rose 9% but were still below Friday’s close. Analysts at Bernstein, Citi, Wedbush, and others suggested Monday’s sell-off was overblown, presenting a buying opportunity. ProShares strategist Simeon Hyman cautioned about tech valuations and uncertainties. Morgan Stanley analysts warned that the market’s reaction could spur new export controls or dampen spending enthusiasm. Morgan Stanley maintained “overweight” ratings for Nvidia and Broadcom but lowered Nvidia’s price target.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA and other US AI stocks rebounded Tuesday after Monday's deep-seek-driven
00:06sell-off. NVIDIA shares rose 9% but were still below Friday's close.
00:10Analysts at Bernstein, Citi's, Wedbush and others suggested Monday's sell-off was overblown,
00:16presenting a buying opportunity. ProShare strategist Simeon Hyman cautioned about
00:20tech valuations and uncertainties. Morgan Stanley analyst warned that the market's
00:25reaction could spur new expert controls on dampened spending enthusiasm.
00:30Morgan Stanley maintained overweight ratings for NVIDIA and Broadcom,
00:35but lowered NVIDIA's price target.