CNBC Daily Open: Nvidia plunges as DeepSeek triggers questions on its value
Nvidia's stock plunged in January 2025 after the Chinese startup DeepSeek released a free, open-source AI model it said was built in two months for under $6 million, fueling fears that U.S. companies' huge investments in AI were unwarranted and setting off a global tech sell-off.

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The story so far
2 developments- Jan 27, 2025A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging
- Jan 28, 2025CNBC Daily Open: Nvidia plunges as DeepSeek triggers questions on its value
Who covered each development
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Quiet for 610 daysLast development · Jan 28, 2025 — CNBC Daily Open: Nvidia plunges as DeepSeek triggers questions on its value
The bigger story
Left
1 viewpointWhy DeepSeek’s cost-efficient R1 spooked Nvidia investors, according to a strategist
Nvidia's market cap plummets as Chinese AI startup DeepSeek sinks the stock
Nvidia stock plunges 14% as a big advance by China's DeepSeek rattles AI investors
Nvidia is doing damage control after DeepSeek's AI advance routed the stock
A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging
Center
8 viewpointsThese Billionaires Lost The Most In DeepSeek Stock Rout—Led By Nvidia’s Huang’s Near $20 Billion
Right
2 viewpointsNvidia shares fall 12% as Chinese AI startup DeepSeek triggers panic selloff on Wall Street
As DeepSeek Ravages Nvidia, This AI Stock Conjures A Breakout