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NVIDIA Erases $589 Billion in Value

EconoTimes · 19h

Nvidia Stock Plummets Amid Competition from DeepSeek's AI Models

Shares of Nvidia (NASDAQ:NVDA) plunged 16.86% on Monday, wiping out $589 billion in market value, following the debut of DeepSeeks new AI models. The sell-off marked the largest single-day market value loss in history,

Bloomberg L.P. · 1d

Nvidia Erases $589 Billion in Value as DeepSeek Batters Stock

Not all big technology stocks got hit in the rout, however. Apple Inc., which gained 3.3% today, has overtaken Nvidia as the top company by market value. Meta Platforms Inc. also ended the day higher,

TechCrunch on MSN · 23h

Nvidia drops $600B off its market cap amid the rise of DeepSeek

DeepSeek, a Chinese AI startup, became the talk of the proverbial AI town when it released its R1 model on Friday. R1’s functionality and accuracy compared to its U.S. counterparts, despite using fewer resources and less compute power,

22hon MSN

This man wiped $600 billion off Nvidia’s valuation by marrying quant trading with AI

DeepSeek was created by a top Chinese quantitative trading firm. It’s not unusual for Wall Street quant luminaries to try their hand at tech.

10don MSN

Nvidia leads, Tesla trails among Mag 7 in earnings prospects

Nvidia (NVDA) stock leads Tesla (TSLA) stock in earnings growth prospects among Magnificent Seven stocks. Read more here.

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