The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading supplier of AI chips, was largely impacted; its shares plunged 17 per cent ...
US chip giant Nvidia suffered a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector — and the rout cost its CEO JensenHuang more than $20 billion in a single day.
Back in early January, Nvidia CEO JensenHuang threw cold water on the quantum computing industry at the CES 2025 convention in Las Vegas, suggesting the technology's practical use was likely two ...