OR Nvidia It lost nearly $ 600 billion in capitalization on Monday, in the biggest loss for any company in just one day in US history, according to CNBC.

In particular, Company’s stock sliding 17% and closed at $ 118.58. It is noted that It was the worst day of negotiating NVIDIA on the market since March 16, at the beginning of the pandemic of Koronovi. After Nvidia surpassed Apple last week to become the most valuable listed company, yesterday’s drop in the stock brought a 3.1% dip in Nasdaq.

Sell-off was caused by concerns that Chinese Startup Deepseek significantly increases competition in its world battle Artificial Intelligence (AI). At the end of December, Deepseek introduced a free, open -cing -codeing linguistic model (LLM) which, he claimed, took only two months and less than $ 6 million to create, using Nvidia’s reduced capacity chips called H800s.

NVIDIA graphics processing units, or GPUS, dominate the market of AI data centers in the US, with technological giants such as Alphabet, Meta and Amazon spending billions of dollars on processors used for training and operation AI models.

Cantor analysts wrote in their report on Monday that the release of the latest technology of Deepseek has caused “Great anxiety about the impact on the demand for computers and, therefore, concerns about GPU costs”.

According to CNBC, however, analysts said that they “believe that this view is far from the truth” and that the progress of artificial intelligence will probably lead to “the artificial intelligence industry will want more computers, no less” and constitute the market for shares. of Nvidia.

But Following the huge rise of NVIDIA – its stock jumped by 239% in 2023 and by 171% in 2024 – the market is alert for any recession of spending on the industry. Broadcom, the other major American chip construction company that recorded giant gain from artificial intelligence, fell 17% on Monday, deleting $ 200 billion from its capitalization.

NVIDIA GPU Data Centers for their sales have also recorded large sales. Dell, Hewlett Packard Enterprise and Super Micro Computer fell at least 5.8%. Oracle, part of President Donald Trump’s latest initiative for artificial intelligence, fell 14%.

For NVIDIA, the damage was more than twice the deletion of $ 279 billion in September, which was then the largest loss of capitalization in a single day in history, surpassing Meta’s $ 232 billion loss in 2022. Before that, the biggest drop was the $ 182 billion lost by Apple in 2020.

Nvidia’s dive is more than twice the capitalization of Coca-Cola and Chevron and exceeds the capitalization of both Oracle and Netflix.

CEO of CEO Jensen Huang also suffered a huge blow as it lost about $ 21 billionaccording to Forbes’ billionaire list that calculates real -time property. This move threw Huang to 17th on the list of richest people.

The sudden excitement around Deepseek during the weekend pushed the app to surpassing OpenAI’s chatgpt as the free app with the most US -in -the -Apple shooting. It is also noted that the development of the model comes despite the multitude of recent restrictions on US chip exports to China.

Businessman David Sacks, selected by Trump to become the White House tsar for artificial intelligence and cryptocurrencies, wrote in X that the Deepseek model “shows that the artificial intelligence race will be very competitive” and that The US president was right to withdraw President Joe Biden’s executive decree last week on the security of artificial intelligence. “I have confidence in the US, but we cannot be rest,” Sacks wrote.

Nvidia is now the third company with the largest capitalization in the Stock Exchange behind Apple and Microsoft.