World’s richest people led by Nvidia co-founder Jensen Huang lose $145b after DeepSeek sell-off
NEW YORK – The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion (S$145 billion) on Jan 27 as a tech-led sell-off tied to Chinese AI developer DeepSeek sent major indexes plunging.
Retail investors bought a net $562 million of Nvidia stock on Monday, the largest single-day inflow in at least 10 years, ...
Nvidia Chief Executive Jensen Huang saw his personal fortune tumble on Monday amid turbulence in U.S. tech stocks. His net worth dropped $20.8 billion.
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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 supplier of AI chips, was largely impacted; its shares plunged 17 per cent ...
Nvidia's stock price crashed to $118.58 yesterday, wiping $593 billion off its value and marking the company's worst day on ...
After plunging 17% on Monday, Nvidia climbed almost 9% as investors rushed in to buy this historic dip in shares of the top ...
Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear ...
Tuesday's Forbes Daily covers Chinese AI DeepSeek's impact on stock market, Boeing's earnings woes, Trump's military orders, ...
Even if you don't pay much attention to the stock market, chances are you've heard about Nvidia and its share price today.
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction ...
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