The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.
This was influenced by the decline in stock prices of big tech companies related to AI. On that day, Nvidia's stock price fell by 16.97% compared to the previous transaction. Broadcom (-17.4%) and Microsoft (-2.14%) also declined.
Nvidia and other U.S. tech stocks are steadying a day after tumbling on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it. The S&P 500 was 0.
We recently published a list of 35 Non-Tech AI Opportunities Amid DeepSeek Selloff. In this article, we are going to take a look at where The New York Times Company (NYSE:NYT) stands against other non-tech AI opportunities amid DeepSeek selloff.
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 billion of its market value.
NEW YORK - US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten US dominance in the fast-growing industry.
Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company.  Nvidia shares tumbled 17 percent Monday,
By Sinéad Carew, Amanda Cooper, Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Investors sold technology stocks across the globe on Monday as they worried that the emergence of a low-cost Chinese
U.S. stocks ended lower on Wednesday, but off their lows of the day, with the Federal Reserve holding interest rates steady as expected and Fed Chair Jerome Powell offering soothing comments for investors.
Equity markets were mixed Wednesday as attention turned away from tech stocks to the outlook for monetary policy, with the Federal Reserve holding steady on interest rates ahead of an ECB decision. But oil prices fell on reports of growing US crude reserves and on expectations that Trump's tariff policy could reduce demand.