Nvidia records largest market cap loss in US history, as DeepSeek wipes out $600bn
Nvidia's share price fell some 17 percent on Monday, wiping $600 billion off of the GPU company's valuation. The world's most valuable corporation saw its share price plummet on the release of DeepSeek's latest model, which proved that it was possible to train efficient models using fewer GPUs.
Nvidia is facing the biggest single-day market value loss in history, according to a report by Forbes, as the release of an ...
Nvidia, led by boss Jensen Huang (pictured), lost almost $600bn in value, after China claimed its new Deepseek AI chatbot was ...
Nvidia's stock price crashed to $118.58 yesterday, wiping $593 billion off its value and marking the company's worst day on ...
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The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading ...
The rise of Chinese artificial-intelligence startup DeepSeek has sent shockwaves through Wall Street, sending Nvidia to a ...
David Shaw's D.E. Shaw bought 5.9 million shares of Nvidia, increasing its position by 53%. Nvidia is now the largest holding ...
The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.
Speculators and traders flocked to buy leveraged funds which aim to deliver double the daily return in Nvidia, asset managers ...
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