REASONS FOR NVIDIA STOCKS JUMPS 9% on JAN 28, 2025

Nvidia’s stock surged 9% on January 28, 2025, recovering from a huge $600 billion loss just the day before. This rebound was part of a broader tech sector rally, with the Nasdaq up 2% and the S&P 500 rising 0.9%. On January 27, Nvidia had dropped 17%, fueled by concerns over the rise of DeekSeek, a Chinese AI startup that threatened U.S. leadership in AI. Despite the fears, Nvidia bounced back, showing the market’s confidence in its role in powering AI. While some believe AI is getting more efficient, others are uncertain if this growth will last. As the market remains volatile, key price levels are crucial. Will Nvidia’s growth continue, or is this just a short-term spike?