Nvidia loses more than $500B in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market selloff in March 2020 that the coronavirus pandemic triggered.
New Chinese app DeepSeek is tops among Apple Store apps. Why that's bad news for Nvidia
DeepSeek hits No. 1 on Apple's app store
DeepSeek story is bad news for Nvidia and the microchip makers. It may be worse for these stocks.
Markets are getting rocked: Dow futures (YM00) are down over 400 points, as the Nasdaq 100 contract (NQ00) skids by 4%. Bond yields dived, with the 10-year Treasury BX:TMUBMUSD10Y falling 10 basis points. Bitcoin (BTCUSD) fell below $100,000.
Nvidia No Longer World's Most Valuable Company as $500 Billion Wiped Off Market Cap
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
What is DeepSeek, and why is it causing Nvidia and other stocks to slump?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
1 Market-Beating ETF That Doesn't Have Nvidia, Microsoft, or Apple Among Its Top 3 Holdings
Many top exchange-traded funds (ETFs) that have been outperforming the S&P 500 in recent years all have a common theme, which is that their top three holdings usually include at least one of the following tech stocks: Nvidia,
Nvidia, Microsoft shares tumble as China-based AI app DeepSeek hammers tech giants
The emergence of China-based AI app DeepSeek sent shares plummeting on Monday for many U.S. tech giants, including chipmaker Nvidia and AI-backer Microsoft.
Nvidia Stock Is Up Over 900% Since 2023. Here's Why It's Still a Screaming Buy.
Since the start of 2023, Nvidia's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. While this is common investor thinking, it's caused many (including myself) to miss a large chunk of Nvidia's rise.
Nvidia Overtakes Apple in Stock-Market Value
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.
Nvidia plunges 18% and tech stocks slide as China's DeepSeek spooks investors
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.
What is DeepSeek? Chinese AI competitor sends Nvidia and other tech stocks plummeting
In Amsterdam, Dutch chipmaking equipment company ASML slid 7%. In Tokyo, Japan’s Softbank Group Corp. lost 8.3% to pull closer to where it was before leaping on an announcement trumpeted by the White House that it was joining a partnership to invest up to $500 billion in AI infrastructure.
Nvidia loses more than $500 billion in market value after Chinese AI startup bursts onto scene
With Monday’s losses, Apple has retaken the title of world’s most valuable company and Nvidia’s value sank to around $2.8 trillion.
Why Nvidia, Broadcom, Microsoft, and Other Artificial Intelligence (AI) Stocks Crashed Monday Morning
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems. The company is believed to control as much as 98% of the data center GPU market, according to semiconductor analyst firm TechInsights. If AI models can be trained on lower-cost, inferior chips, Nvidia has a lot to lose.