DeepSeek Triggers Historic NVIDIA Plunge—and a Major Reckoning in Silicon Valley

On a single day last week, chip giant NVIDIA saw its stock plunge 17%, wiping out an eye-popping $600 billion in market value—reportedly the largest one-day loss ever recorded by a US company.

Feb 5, 2025 - 00:25
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DeepSeek Triggers Historic NVIDIA Plunge—and a Major Reckoning in Silicon Valley

On a single day last week, chip giant NVIDIA saw its stock plunge 17%, wiping out an eye-popping $600 billion in market value—reportedly the largest one-day loss ever recorded by a US company.