DeepSeek has shaken up the AI world, raising questions about its capabilities, and security risks. But the future of AI still relies on American silicon despite the hype.
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth,
Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever amid panic over DeepSeek.
Nvidia is once again the most valuable U.S. company, outranking Apple for the first time since late November. The chip maker ended Tuesday with a market capitalization of $3.449 trillion, according to Dow Jones Market Data.
DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel China’s AI innovation.
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
President Donald Trump has threatened to introduce tariffs on Taiwan-made chips, which could hit Nvidia, one of TSMC's biggest customers.
Nvidia shares dropped in the biggest market cap loss ever recorded for an American company in a single day.
The AI tech DeepSeek used to train its reasoning model might be just what Apple needs for major Apple Intelligence developments on iPhone.
The sudden popularity of the Chinese chatbot drove a huge plunge in shares of Nvidia. But other A.I. powerhouses rallied. Here’s why.