Market panic over DeepSeek? Why Nvidia's $500 billion drop is pure hysteria
While companies like DeepSeek may find success in certain market segments, they face an uphill battle against this massive capital advantage. In other words, claims that demand for Nvidia's premium chips will collapse simply don't align with market realities and the trajectory of AI development.
US Stock Market LIVE: S&P 500, Nasdaq rebound, Nvidia gains 6% after DeepSeek triggered selloff
Nvidia Corp., the poster child of the AI frenzy, sank 17 per cent and headed toward the biggest market-cap loss for a single stock in market history. The AI leader wiped of $500 billion of its market value and shed 21 per cent off its stock price in two days.
Nvidia, Black Swan and Nassim Taleb
Nvidia was last lower by 1% in early Tuesday trading following a slight bounce of around 2% at the open. The stock plunged 17 ...
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10:30 a.m. Atlanta Fed GDPNow fourth quarter update.
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