DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Cryptocurrency Decrypt

DeepSeek's Open-Source AI Costs NVIDIA $600 Billion, Triggers $1 Trillion Sector Slump

Nvidia's stock dropped 16% on Monday as DeepSeek's low-cost AI model disrupted the U.S. tech sector, wiping out $1 trillion in a day.

DeepSeek's Open-Source AI Costs NVIDIA $600 Billion, Triggers $1 Trillion Sector Slump
Nvidia's stock dropped 16% on Monday as DeepSeek's low-cost AI model disrupted the U.S. tech sector, wiping out $1 trillion in a day.

Original source

Read on Decrypt

Related market context