Nvidia’s Historic Stock Market Loss Amid Deepseek’s AI Breakthrough

On Monday, the stock market saw a historic loss when nearly $600 billion was wiped out from Nvidia’s market value. This marked the largest single-day loss in the history of the US stock market. The main reason for this dramatic drop was the unexpected success of the Chinese AI platform, Deepseek. Last week, Deepseek introduced … Read more

Nvidia’s Market Value Plummets Amid DeepSeek’s AI Breakthrough

The recent rise of the Chinese company’s AI app, DeepSeek, over the weekend has affected Nvidia’s stock market value, causing it to drop by nearly $600 billion on Monday. This marks the largest single-day loss in US stock market history. Once the most valuable company in the world, Nvidia has now fallen to third place … Read more