DeepSeek has initiated a new paradigm of computing power! Is there a crack in the "NVIDIA faith", and has the era of AI ASIC quietly arrived?
DeepSeek R1 has emerged to significantly announce the new paradigm of "efficient reinforcement training + greatly simplified AI inference computing" as training/inference progresses.
Express News | S&P 500 Eminis Rise 0.18% in Early Trade, Nasdaq Futures up 0.41%
Express News | NVIDIA's stock rose over 3% in Post-Market Trading.
Citi Research: DeepSeek achievements may be groundbreaking, but concern remains regarding its effectiveness without using advanced GPUs. Maintain NVIDIA (NVDA.US) 'Buy' rating.
Citigroup released a report stating that recently, the mainland AI startup "DeepSeek" launched its V3 large model, which has raised investors' inquiries about its computing costs, as it announced that it only uses a small fraction of the costs of its American competitors while achieving top performance. Although the firm believes that DeepSeek's achievements may be groundbreaking, it is concerned about the effects achieved without using advanced GPUs or under the conditions of the underlying technology. The firm estimates that in the future, in an inevitably stricter regulatory environment, American companies' ability to obtain more advanced chips is a relative advantage.
NVIDIA's stock plummeted nearly 17%, and the wealth of technology giants led by Jensen Huang has significantly shrunk.
On January 28, Glonhui reported that NVIDIA's stock price plummeted nearly 17%, resulting in a record Market Cap loss of 589 billion USD. According to Forbes, the company's CEO and largest individual shareholder, Jensen Huang, saw his net worth shrink by 20.8 billion USD, dropping from 124.4 billion USD to 103.7 billion USD, falling from 10th to 17th place on Forbes' real-time billionaire ranking. Oracle dropped 14%, and Chairman Larry Ellison's net worth decreased by 27.6 billion USD, dropping from third to fifth on the Global Billionaires list. The Bloomberg Billionaires Index showed that the world's top 500 billionaires collectively lost 108 billion USD on Monday.
NVIDIA fell nearly 17%, with a Market Cap evaporating nearly 600 billion USD, marking the largest single-day drop in USA history.
On Monday, January 27th, NVIDIA's stock price plummeted by 17%, evaporating nearly 600 billion USD in Market Cap, setting the largest single-day decline for a USA company. The drop exceeded the Market Cap of Coca-Cola and Chevron by more than twice, surpassing that of Oracle and Netflix. The reason for this sell-off was concerns about the competitiveness of the AI lab DeepSeek in China. The plunge in stock price led to a significant reduction in NVIDIA's Market Cap, making it the third-largest company by Market Cap, after Apple and Microsoft.
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[U.S. Stock Market Review] DeepSeek shakes Wall Street, Technology stocks plummet as NVIDIA hits a record drop of nearly 17%.
On Monday (January 27), U.S. stocks fell sharply influenced by the Chinese startup DeepSeek, particularly in the Technology sector. The Nasdaq Composite Index dropped by 3.07%, and the S&P 500 Index decreased by 1.46%, mainly hit by concerns over the AI Stocks bubble. Technology stocks like NVIDIA and Broadcom suffered severe hits. Investors turned to safe-haven Assets, pushing the Dow Jones Industrial Average higher. Market focus shifted to upcoming Earnings Reports from major Technology companies and the Federal Reserve policy meeting, and future market performance may be affected by changes in the AI competitive landscape.
Tesla Stock Dropped. Why It's a Victim of DeepSeek Hysteria. -- Barrons.com
NVIDIA Options Spot-On: On January 27th, 10.21 Million Contracts Were Traded, With 20.75 Million Open Interest
On January 27th ET, $NVIDIA(NVDA.US)$ had active options trading, with a total trading volume of 10.21 million options for the day, of which put options accounted for 42.34% of the total transactions,
Unusual Options Activity: JNJ, TSM and Others Attract Market Bets, JNJ V/OI Ratio Reaches 384.6
EST Jan 27th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
In the U.S. stock market, the AI stock bubble burst with NVIDIA falling 17% for the day, the Nasdaq closing down over 3%, and the Dow Jones turning to rise 289 points.
China's AI startup DeepSeek has emerged, leading to a burst in the AI-related stocks bubble. NVIDIA (NVDA.US), the leader in AI chips, plummeted by 17%, and US stocks fell sharply on Monday. The Nasdaq dropped as much as 749 points, closing down 612 points or 3.1%, at 19,341 points. The S&P 500 Index closed down 88 points or 1.5%, at 6,012 points; Apple (AAPL.US), Johnson & Johnson (JNJ.US), and Travelers (TRV.US) each rose about 3% to 4%, boosting the Dow Jones. The Dow opened lower but closed higher, finishing up 289 points.
Express News | The three major U.S. stock indexes closed mixed, with NVIDIA dropping nearly 17%, and a single-day Market Cap evaporation setting the highest record in U.S. stocks.
Nvidia Sinks Below 200-Day Moving Average For First Time In Two Years As DeepSeek Sparks Historical Technical Reset
Sector Update: Tech Stocks Slump Late Afternoon
DeepSeek's Janus-Pro-7B AI Launch Causes Nvidia Stock to Drop 17%
Nasdaq, S&P 500 Lower Amid AI Competition Concerns From Chinese Startup
Express News | The triple-leveraged NVIDIA ETP (NVD3.LN, listed in the United Kingdom) fell by 52%, with over half of the $0.172 billion in Asset Management evaporating before trading was suspended.