Retail investors bought a net $562 million of Nvidia stock on Monday, the largest single-day inflow in at least 10 years, VandaTrack said.

Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.

NVIDIA (NASDAQ: NVDA) shares surged 8.8% Tuesday, recovering from a sharp sell-off linked to DeepSeeks claims, which wiped $589 billion off the AI chip giants market value. The rebound came as Wall Street analysts

According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and Meta’s Llama AI models across multiple benchmarks.

DeepSeek just shook up the artificial intelligence (AI) world in the biggest way since OpenAI launched ChatGPT in late 2022. The Chinese company's new R1 large language model (LLM) reportedly matches or beats OpenAI's o1 model on some benchmarks.