The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.
In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.
DeepSeek, the hottest name in artificial intelligence, took a Chinese hammer to several tech companies on Monday, with Microsoft, Google and especially Nvidia seeing their stock prices take a noticeable hit.
Google’s custom TPUs give it an edge over Nvidia. See why GOOG stock may outperform as it leads AI hardware innovation in a competitive big tech landscape.
However, discussions on the matter are currently at an early stage as the new team works through policy priorities
Then there is the hype question. Since Chat GPT set off the AI gold rush in late 2022, Nvidia has been the ultimate “picks and shovel” play. But like investment in the early days of the internet, the AI boom has so far been based more on the belief that it will change everything than hard evidence that it can generate returns.
NVIDIA, the world's most valuable company until Monday, lost $600 billion of market value in a single day, the biggest in US stock history.
Nvidia is dropping more than 8% in pre-market as news of China's DeepSeek model performance trend in the media. Check out what investors need to know.
In a recent post on X (formerly Twitter), the cloud gaming service announced the latest update to the GeForce Now app adds support for cloud streaming on the Apple Vision Pro, Meta Quest 3, Quest 3S, Pico 4 and Pico 4 Ultra. Users with these headsets should be able to access the entire catalogue of titles available on Nvidia's cloud gaming service.
As with Jevons Paradox, efficiency gains should send AI use soaring as costs drop. As Microsoft’s Satya Nadella observed, what the steam engine did to coal demand is now likely to happen with AI.
It is often said that companies – particularly large companies with enormous IT budgets – do not buy products, they buy roadmaps. No one wants to go to