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2025-01-27 21:18:08 UTC

Tito Ciuro on Nostr: “Nvidia (NVDA) stock dropped nearly 17% Monday, leading a sell-off across chip ...

“Nvidia (NVDA) stock dropped nearly 17% Monday, leading a sell-off across chip stocks and the broader market after a new AI model from China's DeepSeek raised questions about AI investment and the rise of more cost-efficient artificial intelligence agents.

Nvidia's decline shaved $589 billion off the AI chipmaker's market cap, the largest single-day loss in stock market history.”