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DeepSeek effect on US stock market: Nasdaq plunges 3%, Nvidia stock cracks over 11.7%

  • 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.

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