Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
- DeepSeek's AI assistant development cost only $6 million, raising concerns about the demand for Nvidia's chips as AI models may be developed more cost-effectively.
- Former Intel CEO Pat Gelsinger stated that the market reaction is incorrect and believes lowering AI costs will expand the market.
- Kayla Blomquist noted that there is a potential shift in monetization strategies for U.S. AI firms due to the emergence of less resource-intensive model development.
496 Articles
496 Articles
After Monday's turmoil triggered by the success of Chinese startup DeepSeek, events on Western stock exchanges have calmed down, but the echoes of how Nvidia's market value was wiped off a record 589 billion in a single day are still echoing.
Despite the record drop in Nvidia shares, the investment complex surrounding artificial intelligence will not lose importance in the coming years, predicts David Wehner. In an interview with ntv.de, the fund manager explains how investors can deal with such severe setbacks.
A new AI model makes stock prices of large IT companies fluctuate. Is this a permanent resetter – or just a good opportunity to buy?
Episode 4225: Deepseek Sinks Nvidia - Stephen K Bannon's War Room
Stay ahead of the censors – Join us warroom.org/join Aired On: 1/27/2025 Watch:On X: @Bannons_WarRoom (https:///Bannons_WarRoom)On the Web: https://www.warroom.orgOn Gettr: @WarRoomOn Podcast: Apple, iHeart Radio, GoogleOn TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews The post Episode 4225: Deepseek Sinks Nvidia appeared first on Stephen K Bannon's War Room.
Coverage Details
Bias Distribution
- 35% of the sources lean Left
To view factuality data please Upgrade to Premium