The release of DeepSeek-R1 has significantly impacted the market, leading to Nvidia's largest single-day stock decline. If AI models can achieve high performance with less powerful hardware, it may challenge Nvidia’s dominance and prompt a reevaluation of AI hardware investments. It remains to be seen whether this downturn is temporary or indicative of a broader shift in the industry.
After DeepSeek released a powerful new AI model, Nvidia experienced not only its biggest single-day stock decline, but the biggest period. Over half a trillion dollars in value was wiped out in a single day. Read...