Nvidia’s market cap drops by almost $600 billion amid DeepSeek R1 hype.
Media: As Chinese AI startup DeepSeek draws attention for open-source AI models that it says are cheaper than the competition while providing similar or better performance, AI chip king Nvidia’s stock price dropped today.
Market panic over DeepSeek? Why Nvidia's $500 billion drop is pure hysteria
While companies like DeepSeek may find success in certain market segments, they face an uphill battle against this massive capital advantage. In other words, claims that demand for Nvidia's premium chips will collapse simply don't align with market realities and the trajectory of AI development.
The sharp pullback in Nvidia shares Monday cost investors $592.7 billion in paper losses as investors fled the stock amid ...
Despite the negative financial impact, Nvidia praised DeepSeek’s breakthrough. “DeepSeek is an excellent A.I. advancement and ...
Nvidia shares plunged 17% on Monday, resulting in a market cap loss of close to $600 billion, the biggest drop ever for a U.S ...
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Nvidia (NASDAQ: NVDA), a leading semiconductor company, has seen its share price soar 500% over the past three years, pushing ...
This triggered massive selloffs in megacap stocks. Nvidia (NVDA) fell 17%, losing over $500 billion in market capitalization ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
The shocking success of a new model from a mysterious Chinese lab has America questioning its leadership of the sector.
After plunging 17% on Monday, Nvidia climbed almost 9% as investors rushed in to buy this historic dip in shares of the top ...
Nvidia shares dropped in the biggest market cap loss ever recorded for an American company in a single day.
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