{"id":17511,"date":"2025-01-28T15:37:29","date_gmt":"2025-01-28T14:37:29","guid":{"rendered":"http:\/\/costops.com\/index.php\/2025\/01\/28\/tech-billionaires-lost-almost-100bn-in-stock-market-selloff-sparked-by-deepseek\/"},"modified":"2025-01-28T15:37:29","modified_gmt":"2025-01-28T14:37:29","slug":"tech-billionaires-lost-almost-100bn-in-stock-market-selloff-sparked-by-deepseek","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2025\/01\/28\/tech-billionaires-lost-almost-100bn-in-stock-market-selloff-sparked-by-deepseek\/","title":{"rendered":"Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek"},"content":{"rendered":"

Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn<\/p>\n

DeepSeek<\/a>\u2019s cut-price challenge to US AI dominance, which wiped $600bn in Nvidia<\/a>\u2019s market value on Monday and caused the tech-weighted Nasdaq index to drop 3%, also took a bite out of the fortunes of some of the world\u2019s wealthiest men.<\/p>\n

Nvidia\u2019s record stock plunge, judged to be the biggest market value drop in US stock market history, according to Bloomberg<\/a>, took with it $20.7bn of its CEO and biggest individual shareholder, Jensen Huang.<\/p>\n

Continue reading…<\/a>
\nNvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn
\nDeepSeek\u2019s cut-price challenge to US AI dominance, which wiped $600bn in Nvidia\u2019s market value on Monday and caused the tech-weighted Nasdaq index to drop 3%, also took a bite out of the fortunes of some of the world\u2019s wealthiest men.
\nNvidia\u2019s record stock plunge, judged to be the biggest market value drop in US stock market history, according to Bloomberg, took with it $20.7bn of its CEO and biggest individual shareholder, Jensen Huang. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn DeepSeek\u2019s cut-price challenge to US AI dominance, which wiped $600bn in Nvidia\u2019s market value on Monday and caused the tech-weighted Nasdaq index to drop 3%, also took a bite out of the fortunes of …<\/p>\n

Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":17512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/17511"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=17511"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/17511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/17512"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=17511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=17511"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=17511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}