Biggest Market Plunge in History: Nvidia Shares Sink 17% Amid DeepSeek AI Shake-Up
On Monday, Nvidia braced for an ignominious milestone on Wall Street as its stock—long celebrated as the vanguard of America’s artificial intelligence ascendancy—suffered a profound blow. The catalyst? DeepSeek, a Chinese AI contender, unveiled a ChatGPT rival developed at a fraction of the investment that similar U.S. endeavors demanded. By mid-afternoon, Nvidia’s shares nosedived by … Read more