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?
Coverage Details
Total News Sources0
Leaning Left51Leaning Right51Center46Last UpdatedBias Distribution34% Left, 34% Right
Bias Distribution
- 34% of the sources lean Left, 34% of the sources lean Right
35% Right
L 35%
C 30%
R 35%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage