Tom Lee, a research leader of Fundstrat Global Advisors, said the future concerns about the future of artificial intelligence trades that NVIDIA fell nearly 17 % on Monday and had an impact on the stock market-but investors seemed excessive reaction. Chinese artificial intelligence startup Deepseek stimulated selling on Monday. The company first launched a free open source large language model last month, which claims that the model costs less than $ 6 million in construction. The development has stimulated people’s fear of competitive AI models that can be built on cheap and small -featured chips. As the stocks of NVIDIA and Broadcom suffered losses, the technology sector was sold seriously, and it fell by more than 5 % on Monday. “For me, this is an over -reaction,” Lee told CNBC’s “closing clock” on Monday. “The decline of NVIDIA has been the worst since March 2020. We know that this is a huge opportunity for investors. This is not an interesting day, but I regard it as an opportunity.” NVDA 1D Mountain NVIDIA NVIDIA stock. The market movement on Monday also reflects a broader concern, that is, the AI ​​races between China and the United States are entering a new stage, and Beijing may lead. Li said, “If he became Betamax in the past week, he would be surprised.” He pointed out that this would be the only situation that it would prove that the sconk of selling chip giants to a degree was sold to Monday. To be sure, Li also said that time will prove whether selling will end the fruit and as a result of becoming a long -term trend of chip manufacturers. At present, he believes that NVIDIA’s slide is a buying opportunity. He warned: “We don’t know if it is exaggerated.” Outside of the technique, Li said that he liked financial development and added that the industry was his first Standard 500 SECTOR IDEA. “I think the financial situation for me is the basic case of this year’s change, because we have a new government, a dirty Federal Reserve, and the income of not pain in banks. The harmony is very low, “Li said.
Tom Lee said that this is the worst market over -reaction since 2020 | Real Time Headlines
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