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 No Longer World's Most Valuable Company as $500 Billion Wiped Off Market Cap
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
Nvidia loses $589 billion in market cap — broad stock plunge triggered by DeepSeek AI release
Nvidia stock prices plummet by 17% after the release of DeepSeek. Investors nervous that investing in more hardware is unnecessary to develop advanced AI.
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global investors dumped tech stocks on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of AI leaders like Nvidia,
Nvidia is rebounding after biggest market cap loss in history, but it's a fragile bounce
Nvidia shares traded higher in the premarket Tuesday, as traders reassessed the implications of a much cheaper-to-build large-language model for the artificial intelligence trade. The chipmaker's rebound in the early session was shaky,
Nvidia drops $600B off its market cap amid the rise of DeepSeek
DeepSeek, a Chinese AI startup, became the talk of the proverbial AI town when it released its R1 model on Friday. R1’s functionality and accuracy compared to its U.S. counterparts, despite using fewer resources and less compute power,
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Nvidia's remarkable rise in the stock market stumbled after a reported breakthrough by DeepSeek, a Chinese competitor.
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Affordable graphics card with AI acceleration, XE SS, and ray tracing for smooth gaming at 1080p and 1440p resolutions.
Intel's Latest Linux Driver Hints At Several More Discrete Arc Battlemage GPUs
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