Explained: Why DeepSeek AI Rattled Stock Markets | $1 Trillion Wiped Out, NVIDIA Lost $593 Billion

Mint January 28, 2025
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Mint presents the latest business and financial news. Here, we present studio debates, interviews with key government and business individuals, and feature stories focusing on a range of topics from health to personal technology.

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DeepSeek AI | DeepSeek Stock | DeepSeek Share | NVIDIA Stock | NVIDIA Share Price | Market Updates | DeepSeek News US stocks suffered a massive decline on Monday, erasing over $1 trillion in market capitalization as traders offloaded technology stocks. The sell-off was sparked by concerns over a disruptive new artificial intelligence app from Chinese startup DeepSeek. DeepSeek AI, a low-cost Chinese AI start-up, has sent shockwaves through global stock markets, causing a record $593 billion drop in Nvidia's market value overnight—the largest single-day loss ever for a Wall Street stock. Watch! #nvidia #deepseek #deepseekai Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx3pdg Subscribe to Mint Premium Now: https://www.read.ht/Scaq Subscribe to Mint's WhatsApp Channel: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d

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