{"id":7910,"date":"2025-01-28T10:00:10","date_gmt":"2025-01-28T10:00:10","guid":{"rendered":"https:\/\/alchemymarkets.com\/?post_type=market_insights&p=7910"},"modified":"2025-05-12T11:57:47","modified_gmt":"2025-05-12T11:57:47","slug":"nvda-jan-2025","status":"publish","type":"market_insights","link":"https:\/\/alchemymarkets.com\/sv\/education\/market-insights\/chart-of-the-day\/nvda-jan-2025\/","title":{"rendered":"DeepSeek\u2019s Market Shockwave: NVDA Down, OpenAI Feels the Heat"},"content":{"rendered":"
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Source: GitHub<\/figcaption><\/figure>\n<\/div>\n\n\n

Last week, the global markets were rocked by the rise of DeepSeek, a Chinese AI company that launched its revolutionary open-source R1 model. While DeepSeek has been around since 2023, the release of its latest AI iteration has changed the landscape dramatically.<\/p>\n\n\n\n

Not only does the DeepSeek R1 outperform OpenAI\u2019s flagship models, such as GPT-4 (referred to as the $200 ”01” reasoning model), but it also beats other major players like Claude and Gemini on key benchmarks.<\/p>\n\n\n\n

The DeepSeek app became the most downloaded app in the United States within a single day, highlighting its viral success and leaving major tech firms scrambling to respond.<\/p>\n\n\n\n

The shockwaves were felt most acutely by Nvidia, whose stock experienced its worst single-day drop in history, falling nearly 17% and wiping out $589 billion in market value. Overall, almost $1 trillion was erased from the global stock market as tech investors grappled with this disruptive breakthrough.<\/p>\n\n\n\n

NVDA Stock Encroaching on a Weekly Trendline<\/h2>\n\n\n\n

So, how is the Nvidia stock looking like?<\/p>\n\n\n\n

As we pointed out, the stock fell by nearly 17% in a single day. This creates a large gap that spans between $141.88 and $128.40 (range of 9.50%), and is a now acting as a resistance zone<\/strong>.<\/p>\n\n\n\n

Within this resistance zone, there are several key prices to watch in the event of a dead cat bounce:<\/p>\n\n\n\n