Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
Monday’s more than $500 billion loss for Nvidia followed panic surrounding DeepSeek’s AI model running on far less of Nvidia’s coveted GPUs than its American counterparts.
Nvidia's stock price crashed to $118.58 yesterday, wiping $593 billion off its value and marking the company's worst day on the market since the start of
US chipmaker Nvidia has suffered the largest stock market slump in history after the emergence of an advanced Chinese artificial intelligence (AI) model raised doubts about its technology.
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
Traders betting against AI-darling Nvidia earned profits of about $6.6 billion - the biggest single-day move ever on the stock
Portfolio manager Dan Niles warns that Nvidia’s shares could have further to fall after it posted the biggest one-day loss of market-cap in U.S. history.
The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.
Selling in Nvidia was like a whirlwind, pushing the stock to lose up to $600 billion market. The reason for the frenzy was one Chinese app called DeepSeek!
Nvidia sheds nearly $600 billion in market value as China’s DeepSeek challenges U.S. dominance in generative AI.
The emergence of DeepSeek, a Chinese artificial intelligence model, caused one of the most shocking stock market crashes in history