Nasdaq plunged 3% as NVIDIA stock cracked over 11.7% following the emergence of DeepSeek.
NVIDIA reported a 94% increase in revenue driven by the growing demand for AI solutions. Its market capitalization is approximately $3.49 trillion.
NVIDIA has partnered with TSMC for silicon photonics development and continues to expand its presence in the automotive industry with its DRIVE platform.
Analysts predict that NVIDIA could become the world's largest stock by 2025, given its strong position in AI and data center markets.