Nvidia stock plunged last month on news that a Chinese startup had developed an AI model at a far lower cost than had been achieved previously. Investors feared the startup's approach would drive down demand for Nvidia's industry-leading high-end data center chips.

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

Leading U.S. investment bank Morgan Stanley ($MS) is urging investors to buy Nvidia’s ($NVDA) stock ahead of its next earnings print on Feb. 26.

Nvidia's rally faces a threat from tariffs on chip imports. Talks over a potential deal to split Intel could lessen the risk.

Nvidia's revenue growth has been unbelievable for a company of its size. The post Nvidia stock hasn't been this cheap in nearly a year. Here's what history says happens next appeared first on The Motley Fool Australia.