Nvidia CEO Jensen Huang lost nearly 20% of his net worth after Chinese AI upstart DeepSeek sparked a sell-off in AI-related stocks on Monday. Huang's net worth fell from $121 billion to around $100 billion,

Jensen Huang and Nvidia both saw their values hit hard Monday as investors digested the impact of Chinese AI company DeepSeek.

US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.

A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.

NEW YORK – The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion (S$145 billion) on Jan 27 as a tech-led sell-off tied to Chinese AI developer DeepSeek sent major indexes plunging.

Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.

Nvidia called DeepSeek’s R1 model “an excellent AI advancement,” despite the Chinese startup’s emergence causing the chipmaker’s stock price to plunge 17%.

The world’s wealthiest individuals, led by Nvidia Corp.’s co-founder Jensen Huang, saw their fortunes take a staggering hit on Monday,

The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points, or 3.07 per cent of its total value.

The recent AI advances by Chinese upstart DeepSeek could be the beginning of a potential nightmare scenario that Nvidia Corp. Chief Executive Jensen Huang has been worrying about since the chip ...

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