No one thought the path to artificial general intelligence (AGI) would be smooth for investors, but the emergence of DeepSeek has clearly thrown a plot twist into the AI narrative.
Nvidia (NASDAQ: NVDA) and other AI stocks plunged on Monday, Jan. 27, as investors responded to the threat from DeepSeek, the Chinese AI chatbot that rivals top models like ChatGPT for a fraction of the cost.
Nvidia lost 17% in one session, wiping out $600 billion in market value, the biggest one-day loss for…
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https://finance.yahoo.com/news/why-nvidia-shareholder-isnt-losing-210000858.html