Nvidia rose by 2% on Tuesday Tuesday after the highest loss of market value in history
Jen-Hsun Huang, CEO of Nvidia Corp.
Patrick T. Fallon | Bloomberg | Getty Images
Nvidia On Tuesday, the day after the cheaper artificial intelligence model of an open code from China, he caused shares to publish the highest loss of market value in shares history.
Nvidia was last higher by about 2.5% on Tuesday. The stocks turned between gains and losses in morning trading after they opened more.
The shares fell 17% on Monday and reduced more than $ 595 billion from the company’s assessment, The largest one -day market cap On the recording.
Nvidia 1-day
On Monday, a steep sale-which sent shock waves to the wider technological industry, with Nasdaq Composite fell 3%-it came as traders became scared that the bubble AI stock could crack due to the Chinese startup Deepseek.
S & P 500 and Naddaq traded in red After Nvidia on Tuesday while investors were looking for a bounce in AI BULL leader to restore confidence.
Deepseek posted an open code model last week, which allegedly surpassed the opening in different tests. The company also said that the initial version of this model cost less than $ 6 million to build – a fraction of a billion dollars of the main American technological companies spent on AI.
To be sure, Nvidia-Koja is a poster of American AI stores because of its strong chips-the-ranked Deepseek model R1 “Excellent AI progress. “
“Deepseek’s work illustrates how new models can be created using this technique, using widely available models and computing that completely in accordance with the export of control,” NVIDIA spokesman said on Monday on Monday.
In addition, most of the Wall Street analysts stood next to Nvidia after a sale, and none of them reduced supplies so far. Some also see Deepsek’s development as a long -term positive for AI.
“We think investors need to distinguish between the effects of potential benefits and disadvantages of Deepseek for software industry. Stronger LLM models that can be launched in a fraction of the original cost estimates (if confirmed) will mean that the adoption of genes should be easier … and then faster and faster And wider in the software universe, “wrote analyst Barclays Raimo Lenschow.
Nvidia, ytd
To be sure, while Joseph Moore Morgan Stanley kept an overweight rating on the section, it reduced its goal to $ 152 on Tuesday with $ 166.
“Deepsek edition emphasizes evolutionary innovation in AI, some of which may be deflarged. This has been said, the reaction to the stock market is probably more important than the cause and could bring further export control or reduce consumption enthusiasm; pruning PTS, but remain positive” , “He said.
However, on Wall Street, they failed to raise supplies. NVIDIA shares are now reduced by 23% with all the time reached at the beginning of this month.