Nvidia sheds almost $ 600 billion in market cap, the biggest fall ever
Nvidia Executive Director is Jensen Huang holds Blackwell Geforce RTX 50 series GPU (L) and RTX 5000 Laptop while delivering the main address at the Consumer Electronics Show (CES) in Las Vegas, Nevada, January 6, 2025.
Patrick T. Fallon | AFP | Getty Images
Nvidia He lost close to $ 600 billion on Monday, a market limit, which is the biggest fall for any company for one day in the US history.
The price of the chips stock decreased by 17% to close at $ 118.58. It was the worst day of Nvidia on the market of March 16, 2020, which was early in pandemia. After surpassing Apple Last week to become the most valuable public trading company, Nvidia’s Drop on Monday led 3.1% of the Tech-Heavy Nasdaq.
The sale was aroused Due to concern that the Chinese laboratory for artificial intelligence Deepseek is an increased competition in the global AI of battle. At the end of last month, Deepseek discovered Free Model of Open Code Large Language he says It took only two months and less than $ 6 million to build, using chips with reduced possibility Nvidiacalled H800s.
NVIDIA -Iine Processing (GPU) graphic units dominate the market for chips AI Data Center in the USA, with technological giants like Alphabet,, Targetand Amazon spending billions of dollars on the processors for training and running their AI models. Cantor analysts wrote on Monday in the report that the publication of the latest Deepsek technology caused “great anger about the impact on the calculation of demand, and therefore the fears of the highest spending on GPU”.
Analysts, who recommend the purchase of NVIDIA shares, said that “they think this is the attitude of the truth” and that progress in AI is most likely to lead to “AI industry that wants more calculations rather than less”.
But after a huge launch of the Nvidia-port increased by 239% in 2023 and 171% last year – The market is on the verge of any possible return to consumption. BroadcoAnother major American chip maker to see giant profit from AI, on Monday, dropped 17%, pulling his market cap for $ 200 billion.
Data Center -a relying on GPU -Ove Nvidia for their sale of hardware, they also saw big sales. Jersey,, Hewlett Packard Enterprise and Super micro computer dropped at least 5.8%. Prophetpart President Donald Trump The latest AI initiative, 14%fell.
For Nvidia loss was more than double the drop of $ 279 billion The company saw in September, which at the time was the biggest one -day loss of market value in history, not removing the target Loss of $ 232 billion 2022. Before that, the purest drop of Apple was $ 182 billion in 2020.
The fall of Nvidia is more than twice as much as a market cap Coca-Cola and Shevron and exceeds market value and Oracle and Netflix.
Net Value of Executive Director Jensen Huang also took over a huge hit, about $ 21 billion, according to Forbes list of billionaire in real time. The move is Huang in 17th place on the richest list.
Sudden excitement about Deepseek over the weekend pushed his app past Chatgpt Openi As the most interesting free app in the US at Apple’s App Store. The development of the model comes despite a series of recent curbs on the export of American chip in China.
Risk capitalist David Sacks, who was Tapsin from Trump to be Ai and Krypto Emperor White House, wrote on x This Deepseek model “shows that the Ai race will be very competitive” and that Trump has been rightly abolished by President Joe Biden’s executive order last week on AI safety.
“I’m convinced of the US, but we can’t be self -sufficient,” Sacks wrote.
Nvidia is now the third most prized public company, behind Apple and Microsoft.
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