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Nvidia Stock Plunges 15%—Biggest Loss In History—As DeepSeek Alarm Shakes AI Darling

1. Nvidia shares plunged 15%, marking its worst daily loss since March 2020. 2. The company lost about $520 billion in market cap, a historic one-day drop. 3. Nvidia's valuation fell to $2.98 trillion, losing its title of most valuable company. 4. DeepSeek's cheaper AI model challenges U.S. dominance in generative AI. 5. Nvidia CEO lost $17 billion in net worth due to the stock drop.

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FAQ

Why Very Bearish?

The unprecedented market cap loss indicates severe investor panic, reminiscent of the pandemic drop.

How important is it?

The significant financial loss and AI competition could materially affect Nvidia's market position.

Why Short Term?

The immediate negative sentiment and loss of confidence could lead to sustained selling pressure.

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