Nvidia’s $589 Billion DeepSeek Rout Is Largest in Market History
www.bloomberg.com
Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company.
  • bobs_guns@lemmygrad.mlEnglish
    0·
    1 month ago

    AI was always deeply unprofitable and there’s no moat for the companies that are trying to make it work.