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Home › Forums › Market Pulse › DeepSeek ruins Nvidia’s capitalisation
Chinese DeepSeek AI startup ruins Nvidia’s capitalisation during one night. That’s what I call one night show.
“Nvidia shares tumbled as much as 18% Monday, the biggest drop since March 2020. In early afternoon trading in New York, the decline erased $560 billion from the company’s market capitalization”, says Bloomberg. Will it change a big picture for future valuations of high ranked AI stocks ? I think, no. Let’s wait until the water will calm down and take it from there.