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Nvidia Loses Record $560 Billion in Market Value
Posted
January 27, 2025
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8:59Now PlayingNvidia's stock got absolutely hammered due to the news about Chinese AI startup DeepSeek.
Nvidia shares tumbled as much as 18% Monday, erasing a record $560 billion in market value. Investors are worried companies like Nvidia are now spending too much on AI. Gregory Allen, Director of the Wadhwani AI Center at the Center for Strategic and International Studies joins Balance of Power to discuss.
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