Nvidia loses more than $500 billion in market value after Chinese AI startup bursts onto scene
https://www.nbcnews.com/business/business-news/nvidia-loses-market-value-chinese-ai-startup-deepseek-debut-rcna189431
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.
#AI #nvidia #apple #deepseek #china #press
https://www.nbcnews.com/business/business-news/nvidia-loses-market-value-chinese-ai-startup-deepseek-debut-rcna189431
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.
#AI #nvidia #apple #deepseek #china #press
Nvidia loses more than $500 billion 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.Steve Kopack (NBC News)