Nvidia’s $465 Billion DeepSeek Rout Is Largest in Market History
By Carmen Reinicke, Bloomberg, published at Yahoo Finance
Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company.
Nvidia shares tumbled as much as 13% soon after the opening bell Monday, erasing about $465 billion from the company’s market capitalization. That eclipsed the previous record — a 9% drop in September that wiped out about $279 billion in value — and was the biggest in US stock-market history.
