Nvidia, the Californian semiconductor giant, is experiencing a potential loss of up to $600 billion in value, which may mark the largest single-day loss in Wall Street history. This reaction is primarily due to rival DeepSeek's announcement of a newly developed language model that may overshadow Nvidia's position in AI technology. Jensen Huang, Nvidia's CEO and its largest shareholder, could see his net worth decline by approximately $20 billion, raising investor concerns about Nvidia's future in the competitive tech landscape.
Nvidia's dramatic market value drop of up to $600 billion follows DeepSeek's announcement about its new language model, marking a pivotal moment in tech investment.
CEO Jensen Huang could face a personal loss nearing $20 billion as the largest shareholder of Nvidia, raising questions about investor confidence.
Collection
[
|
...
]