Nvidia loses $589 billion in market cap — broad stock plunge triggered by DeepSeek AI release

Nvidia loses 9 billion in market cap — broad stock plunge triggered by DeepSeek AI release

Nvidia’s stock price dropped to $118.50 a share at the end of trading yesterday, January 27—a nearly 17% drop from its opening price of $142.02. This wiped out over $589 billion in market capitalization for the company, which Forbes says is…

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https://www.tomshardware.com/tech-industry/artificial-intelligence/nvidia-loses-usd589-billion-in-market-cap-broad-stock-plunge-triggered-by-deepseek-ai-release