Nvidia's $600B Stock Crash: How DeepSeek's AI Breakthrough Shook the Market
The Nvidia stock crash hit Wall Street hard as the DeepSeek’s AI breakthrough sparked a 17% drop in the chipmaker’s value. Multiple tech stocks plunged while several market experts warned about shifting industry dynamics. Source: Reuters Also Read: Ripple: AI Predicts XRP’s Price For February 1st 2025 Understanding DeepSeek’s AI Impact On Nvidia Stock, Crypto, And Market Volatility Source: Watcher Guru DeepSeek’s Open-Source Revolution Source: VisualCapitalist The Nvidia stock crash spearheaded significant market turbulence as trading commenced. Through various major price movements, shares plummeted from $142 to $124 across multiple critical trading intervals. Numerous industry analysts leveraged their expertise to pinpoint a transformative catalyst – DeepSeek’s pioneering open-source AI model revolutionized market dynamics by surpassing ChatGPT’s App Store performance across several key metrics. Source: Reuters Brian Jacobsen, chief economist ...