Wall Street shocked by DeepSeek AI's low-cost, high-performance model using reduced-capacity Nvidia GPUs. Competitors take a hit, but potential for innovation and affordability in AI technology.
While Nvidia's 17% drop on Monday brought a chunk of the stock market down with it, retail investors went shopping for deals. Data from JPMorgan found that retail investors net bought about $1.3 ...
Huang, who cofounded Nvidia in 1993, owns roughly 3.4% of the company, according to Bloomberg. Indeed, the tech giant took a bit of a stumble yesterday, losing around $600 billion in market cap as ...