@zohreh62
@zohreh62 NVIDIA Takes a Hit: Stocks Plunge 17% 💥
At the opening of the US stock market today, NVIDIA's shares dropped by 17% and continue to slide. Investors are panicking over breaking news from China.
The culprit? DeepSeek — a Chinese language model that, according to its developers, is hundreds of times cheaper than its American counterparts and doesn’t rely on high-powered, expensive chips. This innovation threatens NVIDIA’s core market by reducing dependence on its hardware, posing a serious challenge to industry leaders.
Could this crisis escalate into a larger market shake-up? All eyes are on NVIDIA’s next moves and the market’s reaction.
Time to buy the dip? 😉