US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.

The great news is this success story may be far from over. Nvidia chief executive officer Jensen Huang, speaking at CES earlier this month, said AI is progressing at an "incredible pace." Considering this, where will Nvidia stock be in one year? Let's find out.

Tech billionaires lost billions as Chinese AI developer DeepSeek challenges Silicon Valley's capital spending narrative, impacting global markets.

Nvidia called DeepSeek’s R1 model “an excellent AI advancement,” despite the Chinese startup’s emergence causing the chip maker’s stock price to plunge 17%.

Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.

Nvidia's new focus on physical AI and robotics has crucial implications for industrial automation systems. With this shift, we’re seeing the rise of robotic enterprises.

Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.

Nvidia chief executive officer Jensen Huang, speaking at CES earlier this month, said AI is progressing at an "incredible pace." Considering this, where will Nvidia stock be in one year?

The Californian chip-maker Nvidia is on course to suffer the biggest single one-day loss in Wall Street history, with up to $600bn (€572bn) being wiped off its value.

DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.

To compile our list of Jim Cramer’s bold predictions about AI stocks, we scanned the stocks he mentioned in Mad Money and Squawk on the Street as far back as September 2024. Then, we picked out AI stocks and ranked them by the number of hedge funds that had bought the shares in Q3 2024.