DeepSeek Disrupts AI Industry, Triggering $600 Billion Market Cap Loss for NVIDIA

In a dramatic turn of events, NVIDIA, the world’s leading AI chipmaker, experienced an unprecedented decline in market value, shedding nearly $600 billion in a single day. This historic downturn was triggered by the emergence of DeepSeek, a Chinese AI startup that unveiled a groundbreaking AI model capable of rivaling Western counterparts like OpenAI’s ChatGPT … Continue reading DeepSeek Disrupts AI Industry, Triggering $600 Billion Market Cap Loss for NVIDIA