Tech Earthquake: Nvidia’s $600 Billion Crash and the Rise of a New Power from the East!
Last week, it saw something quite unexpected, not even the most daring sci-fi writers would commit to paper: one day, Nvidia-king of the AI processors and king of Nasdaq-had lost 600 billion dollars in market value, the single-day stock market crash in the history of this world! And that was just the beginning; AI-related companies, all the way from semiconductor manufacturers to power and infrastructure providers, wiped out more than a trillion dollars combined in value. Prime Suspect: DeepSeek R1 – A Shadowy Rival out of China!This monetary earthquake actually came about from the surprise release of a new kind of AI model called DeepSeek R1 hailing from a previously unknown Chinese startup company. This model doesn’t just compete with…
