2 Trillion dollars in U.S. Stock market cap erased in a day by DeepSeek, which was released only a day after the US announced a 500 billion dollar investment in AI.
DeepSeek only invested 5.6 million dollars in computing power.
Yes. Nvidia alone is down 17% and has lost $560 billion in market value
Oh wait I thought you were responding to the post in general asking about Nvidia. Yes, for some people that is why DeepSeek was down! my bad