by Andy Liao | Jan 27, 2025 | AI, AI, Energy, Investing News, Market News, Stock Market, Technology
Nvidia (NVDA) saw its stock drop more than 13% on Monday, wiping nearly $480 billion from its market cap. This sharp decline came after the announcement of a new AI model from Chinese company DeepSeek, which released R1 last week. Despite running on fewer and less...