Nvidia Loses $420 Billion In Market Capitalization Since DeepSeek Launch, Valuation Hits A 29-Month Low As GTC Fails To Ignite Stock
Benzinga
2025-03-19
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A slew of announcements at the GTC AI Conference in San Jose, California failed to ignite the shares of Nvidia on Tuesday as it slipped over 3% in trade. The chipmaker led by Jensen Huang has wiped $420 billion in investor wealth since DeepSeek was launched on Jan. 10, 2025.
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