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

Shares of the artificial intelligence (AI) chip leader have been crushed this year, but recent developments suggest the best is yet to come.

Nvidia (NASDAQ: NVDA) has gotten off to a bad start on the stock market in 2025, losing more than 10% of its value as of this writing, with Chinese artificial intelligence (AI) start-up DeepSeek's launch of a low-cost but capable AI model playing a key role in the semiconductor giant's troubles.

Nvidia (NASDAQ:NVDA) stock received quite a shock last week when the Chinese tech company DeepSeek announced that it had successfully developed

Investors are waiting anxiously for Nvidia to report earnings later this month. Fears driven by Chinese start-up DeepSeek are causing some investors to question Nvidia's future. Recent stock trends and commentary from Nvidia's largest customers can help investors make a more informed decision.

Historically, few companies have demonstrated more millionaire-maker potential than Nvidia (NASDAQ: NVDA). The tech giant's shares have soared by more than 22,000% over the last decade, generating plenty of shareholder wealth in the process.