A lot of people and institutions lost a lot of money as Nvidia Corp. (NASDAQ: NVDA) shed $590 billion in market cap when the ...
What especially shook investors was the prospect that China may have closed the tech gap with the United States in AI and especially DeepSeek’s claim that it developed R1 for just $5.6 million—a far ...
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended ...
Jensen Huang still owns a hugely valuable stake in Nvidia Corp., but the chief executive's position is worth $20.7 billion less after Monday's sharp selloff. Huang's stake is now worth $101.9 billion, ...
Jensen Huang's damaging comments about quantum computing caused major turbulence for the Berkeley-based Rigetti Computing's ...
The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points, ...
The selloff stems from weekend panic over last week’s release from the relatively unknown Chinese firm DeepSeek of its ...