Nvidia Stock Plummets. Why DeepSeek Sparked a Big Chip Selloff.
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Nvidia's stock experienced a significant drop as a new AI chatbot, DeepSeek, raised concerns about Nvidia's high valuation, leading to a broader selloff in chip maker stocks.
January 27, 2025 | 10:45 am
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Nvidia's stock plummeted due to concerns about its high valuation triggered by the introduction of a new AI chatbot, DeepSeek, which led to a broader selloff in chip stocks.
The introduction of DeepSeek, a new AI chatbot, has raised questions about Nvidia's valuation, causing its stock to drop significantly. This event has also led to a broader selloff in the chip sector, indicating a strong negative impact on Nvidia's stock price in the short term.
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