DeepSeek has shaken up the AI world, raising questions about its capabilities, and security risks. But the future of AI still relies on American silicon despite the hype.
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.
Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever, amid panic over DeepSeek.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
Plus: How AI propelled Nvidia up the list and other insights from this year's survey of corporate reputations.
In a recent post on X (formerly Twitter), the cloud gaming service announced the latest update to the GeForce Now app adds support for cloud streaming on the Apple Vision Pro, Meta Quest 3, Quest 3S, Pico 4 and Pico 4 Ultra. Users with these headsets should be able to access the entire catalogue of titles available on Nvidia's cloud gaming service.
President Donald Trump has threatened to impose tariffs on Taiwan-made chips, which could hit Nvidia, one of TSMC's biggest customers.
Continuing its impressive eighteen-year winning streak, Apple has managed to secure first ranking on Fortune's annual 'Worlds Most Admired Companies' list once again.
After Nvidia's DeepSeek-driven dive this week Apple is once again top dog on Wall Street. The iPhone-maker's weighting in the S&P 500 is 7%, just above Microsoft on 6.5% and Nvidia, now third on 6.15%.
DeepSeek AI, favored by investors over ChatGPT, uses rapid advancements with cheaper chips as U.S. tech restrictions fuel China’s AI innovation.