Jensen Huang To Larry Ellison: 10 Billionaires Who Lost Massive Wealth In 1 Day Because Of DeepSeek Selloffs
Owing to US tech stocks crash, billionaires like Nvidias Jensen Huang and Oracles Larry Ellison lost more than $20 billion wealth in a single-day. Popularity of DeepSeek resulted in a frenzy selling in US tech stocks,
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a ...
Bay Area tech billionaires reportedly lost enormous amounts of cash following DeepSeek’s latest rollout, outlets said.
Huang, who cofounded Nvidia in 1993, owns roughly 3.4% of the company, according to Bloomberg. Indeed, the tech giant took a bit of a stumble yesterday, losing around $600 billion in market cap as ...
Apple emerges as a “relative winner” as DeepSeek shifted investor narratives on AI, wrote Morgan Stanley analysts led by ...
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended ...
The sell-off was triggered by Chinese AI developer DeepSeek, whose model requires less than $6 million worth of computing ...
After a Chinese AI app suddenly overtook the competition from OpenAI at the weekend, the AI sector had a dark day on the ...
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The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading ...
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined $US108 billion ($172 billion) on ...
Landscape Was Shaken This Week When a Chinese Start-up, DeepSeek, Unveiled a New Model in the Field That Seems to Rival the ...
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