Nvidia Speaks Up in Support of DeepSeek's AI Models

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Nvidia faced a devastating 16.9% drop in stock price today, the worst day for the company on Wall Street since March 2020. This sell-off was caused by Chinese AI company DeepSeek, which shattered confidence in the competitiveness of US tech companies. Nvidia's stock has plummeted to an unprecedented level since October, dragging down the broader technology market. The collapse has also had a heavy impact on other major companies. Micron and Arm Holdings have also seen significant declines.

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