Nvidia plunges $593 billion as DeepSeek soars, biggest market loss in history
US chipmaker Nvidia dived 17 per cent, wiping off nearly USD 593 billion in the biggest market capitalisation loss in history, following a wave of selling as China's DeepSeek developed a free AI assistant using lower-cost chips.
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Nvidia, Softbank among AI stocks fall sharply as Chinese AI firm launches DeepSeek LLMDeepSeek-R1-Zero, a model trained via large-scale reinforcement learning (RL) without supervised fine-tuning (SFT) as a ...
The past few years have been undeniably profitable for Nvidia ( NVDA 4.43%) investors. The stock price has surged more than ...
Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking ...
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Instead, it comes from what appears to be an Nvidia consumer, Chinese AI service provider DeepSeek. It works well, jumping to ...
Tech stocks, including Nvidia and Microsoft, drop as China's DeepSeek AI disrupts the market, raising concerns over U.S.
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner ...
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% ...
Stock Futures are diving as DeepSeek AI has sent a chill through markets with Dow, S&P 500, and Nasdaq futures dropping in ...
Some of Nvidia's rivals in the AI space, including Arm and Broadcom, also saw their share prices slump on Monday. Stock ...
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