Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company.
This is the real answer. AI may still be a game-changer, but if any mom & pop shop can do it now, all the expected future profit currently built into the stock price of Nvidia, et al. is suddenly very questionable.
This is the real answer. AI may still be a game-changer, but if any mom & pop shop can do it now, all the expected future profit currently built into the stock price of Nvidia, et al. is suddenly very questionable.