Because Nvidia is still growing its revenue rapidly, using trailing earning metrics can give a false impression of where the company is headed. However, they're also useful in this case because its future had a wrench thrown into it thanks to DeepSeek's breakthrough.

Chuck Zodda, managing partner and Chief Investment Officer from the Armstrong Advisory Group discusses the dip of tech stocks, especially Nvidia after the announcement of Chinese AI start-up DeepSeek.

Nvidia stock dropped as much as 5% in early trading Monday, extending the prior week’s declines as investors reacted to Trump’s new tariffs. US president Donald Trump on Satur

Chinese startup DeepSeek said it trained its AI model for less than $6 million, compared to the billions of dollars U.S. tech companies are spending. Nvidia stock plummeted in one trading session on concern that certain customers may opt for cheaper AI chips.