Nvidia loses nearly $600 billion in market value after Chinese AI ...
3 days ago · Shares of the chipmaker, one of the primary beneficiaries of the artificial intelligence boom in tech stocks, plummeted as much as 18%. That pushed Nvidia's market value below $3 trillion.
Nvidia Stock Plunges 17% As NVDA Suffers Biggest Market Cap …
3 days ago · Nvidia headlined broader U.S. stock losses, as the benchmark S&P 500 fell 1.5% and the tech-concentrated Nasdaq dropped 3.1%, and other major AI technology providers including fellow chip ...
Nvidia stock begins recovery after DeepSeek AI frenzy prompted …
2 days ago · Nvidia stock rose nearly 9% Tuesday as the AI chipmaker began to recover from a massive decline the prior day that shaved nearly $600 billion off its market cap. Nvidia’s 17% freefall Monday was ...
What is DeepSeek, and why is it causing Nvidia and other stocks …
3 days ago · AI-related stocks took a hit on Monday, with Nvidia shares tumbling 17%, shedding $600 billion in value and marking the single-biggest one-day loss for a company in stock market history, according ...
Nvidia stock plummets, loses record $589 billion as DeepSeek …
3 days ago · Nvidia's decline shaved $589 billion off the AI chipmaker's market cap, the largest single-day loss in stock market history. Chinese startup DeepSeek released a new AI model on Jan. 20 viewed as a ...
Nvidia faces a reckoning as Chinese upstart raises questions …
2 days ago · Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024. Investors and analysts lauded CEO Jensen Huang as the “Godfather of AI.” Nvidia grew into a $3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street.
Chipmakers including Nvidia suffer declines after exhibit from …
3 days ago · NEW YORK (AP) — Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on.. The S&P 500 dropped 1.5%, dragged down in large part by a 16.9% fall for Nvidia.Other Big Tech stocks also took heavy losses, and they pulled the Nasdaq composite down 3.1% for …
Nvidia’s Fall Shows an Uncertain A.I. Future - The New York Times
2 days ago · Dr. Desai is a professor at Harvard Business School and Harvard Law School. During Monday’s stock market swoon, Nvidia, the artificial intelligence giant, lost nearly $600 billion in value, the ...
Nvidia shares sink as Chinese AI app spooks markets
4 days ago · In the US, AI chipmaker Nvidia ended Monday's trading having plunged 16.9% while its rival Broadcom slumped 17.4%. Other tech firms also sank, with Microsoft down 2.14% and Google's owner Alphabet ...
What's going on with Nvidia stock and the booming AI market?
Nov 7, 2024 · Nvidia's market value surpassed $3 trillion in 2024, fueled by the generative AI boom, rebounding tech sector and 154% stock growth in 2024. However, there are questions if AI will sustain the hype cycle.