Nvidia’s plunge, fuelled by investor concern about Chinese artificial intelligence startup DeepSeek, erased a record amount of market value from the world’s largest company.
Nvidia shares tumbled as much as 18 per cent on Monday (Tuesday AEDT), the biggest drop since March 2020. In late trading in New York, the stock was 17.6 per cent lower, lowering its market value to $US2.88 trillion ($4.6 trillion) from $US3.49 trillion at Friday’s close.
