Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.

In what marks the largest single-day drop in stock market history, Nvidia's valuation has been hit by China's answer to ChatGPT.

ToplineNvidia headed toward a dubious Wall Street record Monday, as the stock at the forefront of the U.S.-led artificial intelligence revolution got a scare from DeepSeek, the Chinese AI company which developed a ChatGPT rival at a fraction of the reported cost of its American peers.

Nvidia's stock price crashed to $118.58 yesterday, wiping $593 billion off its value and marking the company's worst day on the market since the start of

Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.

US chipmaker Nvidia has suffered the largest stock market slump in history after the emergence of an advanced Chinese artificial intelligence (AI) model raised doubts about its technology.

Selling in Nvidia was like a whirlwind, pushing the stock to lose up to $600 billion market. The reason for the frenzy was one Chinese app called DeepSeek!

The emergence of DeepSeek's free assistant has placed big doubts over the US market's AI-driven rally of the past two years.

Traders betting against AI-darling Nvidia earned profits of about $6.6 billion - the biggest single-day move ever on the stock

Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.

Nvidia sheds nearly $600 billion in market value as China’s DeepSeek challenges U.S. dominance in generative AI.

The emergence of DeepSeek, a Chinese artificial intelligence model, caused one of the most shocking stock market crashes in history