Nvidia stock cleared a key hurdle on Tuesday as it recovered the losses sparked by the $589 billion DeepSeek sell-off in late January. At its intraday high of $143.44, Nvidia was trading above its January 24 close of $142.

An Evercore analyst expects an upbeat earnings report later this month and runs down why DeepSeek fears seem overdone.

There’s more good news. The South Korean government announced plans to acquire 10,000 graphics-processing units as it looks to build a national AI computing center. That include