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.
US Stock Market LIVE: S&P 500, Nasdaq rebound, Nvidia gains 6% after DeepSeek triggered selloff
Nvidia Corp., the poster child of the AI frenzy, sank 17 per cent and headed toward the biggest market-cap loss for a single stock in market history. The AI leader wiped of $500 billion of its market value and shed 21 per cent off its stock price in two days.
Nvidia was last lower by 1% in early Tuesday trading following a slight bounce of around 2% at the open. The stock plunged 17 ...
The biggest market loss in history happened, with Nvidia stock dropping 17%—and the entire internet thought this was ...
10:30 a.m. Atlanta Fed GDPNow fourth quarter update.
Rebounding tech stocks are driving U.S. indexes higher Tuesday, a day after they tumbled on doubts about whether the ...
Shares of Nvidia ( NVDA 8.93%) surged higher on Tuesday, after taking it on the chin Monday. The maker of graphics processing ...
The sharp pullback in Nvidia shares Monday cost investors $592.7 billion in paper losses as investors fled the stock amid ...
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also ...
Nvidia shares plunged Monday amid concerns that a powerful, cost-efficient AI model developed by Chinese startup DeepSeek ...
Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever ...
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