Nvidia's $1 Trillion Comeback Shows DeepSeek No Longer Spooks Wall Street

About Nvidia's $1 Trillion Comeback Shows DeepSeek No Longer Spooks Wall Street

Nvidia staged a massive rebound in 2025, recovering over $1 trillion in market value within weeks after a steep selloff triggered by export curbs, AI competition from China, and tariff concerns. The chipmaker’s market cap rose from a 10-month low of $2.3 trillion on April 4 to $3.3 trillion by Monday’s close, according to Benzinga. DeepSeek's low-cost AI model, U.S. export restrictions, and Trump’s April 2 tariff hike triggered a sharp decline in Nvidia shares, which fell to $94.31. Investor sentiment improved after Amazon and Microsoft reaffirmed AI investment plans and Nvidia unveiled a multibillion-dollar AI deal with Saudi Arabia’s Humain, expected to generate up to $3 billion annually. Nvidia closed Monday at $135.57, up 30% month-over-month.