World's richest people lose $108 bn after tech startup DeepSeek selloff
Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 ...
Nvidia Insiders Have Been Sellers
That's how much Nvidia stock the company's officers and directors sold from the beginning of 2023 through Friday, according to data from the Washington Service. It's hardly the most insider selling ...
DeepSeek Billionaire Rout: Nvidia’s Huang And Oracle’s Ellison Lose Combined $50 Billion
Oracle chairman Larry Ellison and Nvidia CEO Jensen Huang lost tens of billions on paper as shares of their AI-focused ...
Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
Nvidia shares plunged 17% on Monday, resulting in a market cap loss of close to $600 billion, the biggest drop ever for a U.S ...
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How China’s DeepSeek shook up US markets, by the numbers
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence. A ...
Nvidia Reels After China’s A.I. Breakthrough
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner ...
Nvidia stock set for record wipeout on DeepSeek fears — as CEO Jensen Huang’s net worth tanks
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended ...
As DeepSeek fears mount, here's how much the tech giants have already spent
Beth Kindig, CEO and lead tech analyst for the I/O Fund said in a blog post that Big Tech was on track to spend at least $236 billion in capital expenditure in 2024, which represents year-over-year ...