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,
DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
Nvidia sheds $600 billion in market cap as Chinese AI startup DeepSeek spurs brutal rout of tech stocks
The shocking success of a new model from a mysterious Chinese lab has America questioning its leadership of the sector.
Nvidia Was One of the Largest Companies by Market Cap in 2024. Will It Continue to Succeed in 2025?
Nvidia (NASDAQ: NVDA), a leading semiconductor company, has seen its share price soar 500% over the past three years, pushing its market cap up to a staggering $3.6 trillion. While Apple was the largest company by market cap earlier this year,
Just how sharp is Nvidia's selloff? No company has ever lost this much market cap in a day.
Monday's tech rout has brought no shortage of big numbers on Wall Street, and here's another to keep in mind: $441.9 billion. That's the amount of market capitalization that Nvidia has shed, based on intraday activity.
Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
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. company.
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.
DeepSeek fears wipe $1.1 trillion off U.S. market cap
The tech-related stock rout across major exchanges wiped out around $1.12 trillion in value in the first half hour of Monday's trading session, according to Dow Jones Market Data. The Nasdaq Composite was down 2.
Nvidia’s $465 Billion DeepSeek Plunge Is Largest in Market History
Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company.
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,
Nvidia Stock Slashes Nearly $600 Billion in Market Value. What’s Driving the Panic and Why It May Be Overblown.
Shares of semiconductor makers were dropping early Monday as a Chinese AI model triggered questions over their lofty valuations.
Nvidia Loses More Than $590 Billion in Market Cap, Biggest One-Day Fall
Investors are worried about the rapid success of China's DeepSeek. It has developed low-cost AI models that don't require the ...
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