The CEO of Nvidia, Jensen Huang, holds a GPU (L) Blackwell GeForce RTX 50 and an RTX 5000 laptop while pronounces an opening address to the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025 .
Patrick T. Fallon | AFP | Getty images
Nvidia Lost nearly $ 600 billion in market capitalization on Monday, the largest drop in any one day in the history of the United States.
The chip manufacturer’s equity price dropped by 17% to end at $ 118.58. It was the worst day of Nvidia on the market since March 16, 2020, which was at the start of the cocovio pandemic. After Nvidia has exceeded Apple Last week, to become the most precious company listed on the stock market on Monday led a slide 3.1% in the NASDAQ in charge of technology.
The sale was sparkled by concerns that Chinese artificial intelligence Lab Deepseek presents increased competition in the IA global battle. End of December, Deepseek revealed a model of large free and open-source language that He said only took two months and less than $ 6 million to build, using chips with reduced capacity Nvidia called H800S.
NVIDIA, or GPU graphic processing units dominate the ia data center flea market in the United States, with technology giants such as Alphabet,, Meta And Amazon Spend billions of dollars on processors to train and manage their AI models.
Cantor analysts wrote in a report on Monday that the publication of the latest Deepseek technologies caused a “great anxiety about the impact of the request for calculation, and therefore, fears of advanced expenditure for GPUs”.
Analysts said that they “thought that this point of view is most distant from the truth” and that AI’s progress will most likely lead to “the AI ​​industry which wants more calculation, no less “. They recommend buying NVIDIA shares.
But after the huge break of Nvidia – the stock climbed 239% 2023 and 171% in 2024 – The market is in terms of any possible decline in expenses. BroadcomThe other large manufacturer of American chips to see AI giant assessment gains, fell 17% on Monday, reducing its low capitalization by $ 200 billion.
Companies in the Data Center depositing NVIDIA GPUs for their equipment sales have also seen large sales. Apron,, Hewlett Packard Enterprise And Super micro computer abandoned at least 5.8%. Oraclepart of the president Donald Trump The latest AI initiative fell 14%.
For Nvidia, the loss was more than Double the drop of $ 279 billion The company saw in September, which was the greatest loss of market value of a day in history Loss of $ 232 billion In 2022. Before that, the most steep drop was $ 182 billion per Apple in 2020.
Nvidia’s decline is more than double the market capitalization of Coca-Cola And Chevron and exceeds the market value of the oracle and Netflix.
The net value of CEO Jensen Huang has also taken a solid blow, decreasing about $ 21 billion, according to List of billionaires in real time of Forbes. The move downgraded Huang in 17th row on the richest list.
Sudden excitement around Deepseek during the weekend has pushed its application Openai chatgpt As the most downloaded free application in the United States on the Apple App Store. The development of the model occurs despite a multitude of recent borders on the exports of American fleas to China.
David Sacks, who was upholstered by Trump to be the AI ​​of the White House and the Czar Crypto, Written on x This Deepseek model “shows that the AI ​​race will be very competitive” and that Trump was right to cancel the president Joe BidenLast week’s executive decree on AI security.
“I am confident in the United States, but we cannot be complacent,” wrote Sacks.
Nvidia is now the third highest public company behind Apple and Microsoft.
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