Nvidia stock has rallied over 132%, thanks to the robust demand for its advanced GPUs (graphics processing units) that are required to power AI models. The im

Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures, amid concerns over AI progress from China's DeepSeek. Nvidia, Broadcom, Meta and several other AI-related stocks were indicated lower overnight.

Meta Platforms CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center, but Nvidia dipped slightly. Read more here.

Nvidia Corp. ( NVDA, Financials) shares fell 1.78% on Friday, closing at $144.60 as of 11:55 am GMT-5. The fall followed a statement by Meta Platforms ( META, Financials) CEO Mark Zuckerberg on the major AI investment plan of the business.

Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.

The company plans to spend up to $65 billion on infrastructure for AI in 2025, and is planning a data center with a footprint almost as large as Manhattan.

If the stock is unable to hold that critical $130 price, a new phase of short-term trading patterns will begin, taking NVIDIA to a target price of $120. That would also form a short-term bearish pattern of lower highs and lower lows for NVIDIA stock.

Quantum computing stocks have seen quite a run-up in recent months, but determining which companies are leading the charge can be tough to navigate.

Nvidia Corporation (NASDAQ: NVDA) saw a 3% drop in its share price to $142.62 on Friday, following the launch of Chinese generative AI program DeepSeek. Despite the dip, Nvidia shares closed higher for the week.

Australian shares are poised for a cautious start as investors worry about China’s AI progress, the Federal Reserve meeting and key local inflation data.

US stock index futures also tumbled amid concerns DeepSeek’s AI models challenge US AI leadership. Read more at straitstimes.com.