Get access to our best features
Get access to our best features
Published

Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history

  • Nvidia experienced a loss of nearly $600 billion in market cap, marking the largest one-day loss in U.S. History.
  • DeepSeek's AI assistant development costs were only $6 million, raising concerns about demand for Nvidia's chips.
  • Former Intel CEO Pat Gelsinger argues that lowering AI costs will expand the market, not shrink it.
  • DeepSeek's AI model can run on local devices, offering users more control over data compared to cloud-based models like ChatGPT.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 34% of the sources lean Left, 34% of the sources lean Right
35% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)