Part 2/8:
Half a trillion dollars is a staggering number, one that seems almost beyond comprehension. Yet, this is the estimated loss that Nvidia incurred following the revelation of Deep Seek’s capabilities. The significance of this development cannot be overstated; Nvidia’s shares tanked a staggering 177%, translating to a record loss of $589 billion in market capitalization—the largest collapse in a single day in recent history. Investors were clearly taken aback by the sudden entrance of a new competitor equipped with groundbreaking technological advancements that threaten the status quo.