Nvidia share price plummets as it loses more than $600B in valuation, the biggest single-day loss in history
Nvidia is facing the biggest single-day market value loss in history, according to a report by Forbes, as the release of an open-source AI model called R1 by China-based DeepSeek has cut more than $600 billion from its valuation, knocking it off its perch as the world’s most valuable company. Nvidia’s share price dropped by…