The stock market rallied Tuesday with a slew of AI stocks that may be DeepSeek winners flashing buy signals. Microsoft, Meta, Tesla and the Fed loom Wednesday.
The biggest market loss in history happened, with Nvidia stock dropping 17%—and the entire internet thought this was hilarious.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and SoftBank are leading the newly announced Stargate initiative under President Trump -- a project aiming to invest $500 billion into AI frameworks over the coming years.
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.
The market’s reaction was swift and severe. Investors, spooked by the potential implications of DeepSeek’s innovation, initiated a broad sell-off of AI-related stocks. NVIDIA stock wasn’t alone in this downturn. Other tech giants like Broadcom and Meta also felt the heat, experiencing notable declines in their stock prices.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
Nvidia, led by boss Jensen Huang (pictured), lost almost $600bn in value, after China claimed its new Deepseek AI chatbot was far more efficient than rivals
Nvidia Corp. ( NVDA, Financials) shares fell 1.78% on Friday, closing at $144.60 as of 11:55 am GMT-5. The fall followed a statement by Meta Platforms ( META, Financials) CEO Mark Zuckerberg on the major AI investment plan of the business.
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.
Nvidia stock has rallied over 132%, thanks to the robust demand for its advanced GPUs (graphics processing units) that are required to power AI models. The im
Nvidia shares shed nearly $600 billion in market value Monday, marking the largest single-day loss in market history.