One company that has been hit hard over the DeepSeek narrative is Nvidia (NASDAQ: NVDA). With the company scheduled to report fourth-quarter and full-year 2024 earnings on Feb. 26, investors are anxiously waiting to see just how much DeepSeek may affect Nvidia's business.

Nvidia (NASDAQ:NVDA) stock has been on a remarkable run, with its dominance in AI chipmaking playing a crucial role in its ascent to becoming

Nvidia (NASDAQ:NVDA) was rocked by Chinese artificial intelligence lab DeepSeek releasing an AI model that was more efficient, faster, and cheaper than exist models. It was built using Nvidia's low-powered A100 chips to get around technology exports to China.

Artificial intelligence (AI), especially the rise of generative AI, has provided a massive tailwind for Nvidia in recent years. The stock has delivered a return of nearly 21x since early 2020 and is up more than 80% during the last 12 months.