Nvidia stock is on the decline after the rise of Deepseek, a Chinese generative AI company that is competing with American companies on chip design. The sudden rise of Deepseek has stoked worries among investors that Nvidia’s market share might decline.

Nvidia’s most recent success, the Blackwell GB200 graphics processing unit, awarded them 11 billion dollars in sales. The GB200 is 30 times the speed of its predecessor, the H100. 

While some investors are concerned about the effects of a new competitor on Nvidia’s sales, others are optimistic that AI’s increasing prevalence will boost market growth. Meta, Alphabet Inc., Microsoft and Amazon plan to buy $65 billion, $75 billion, $80 billion and $100 billion in Nvidia chips, respectively.