Part 2/11:
DeepSeek’s rapid ascent has coincided with dramatic fluctuations in the stock market, particularly for its competitors. Following DeepSeek's rise, Nvidia experienced a staggering loss of 177% in market value, roughly equating to $600 billion in a single day. This was not just a one-off incident; the technology sector as a whole saw an alarming $1.5 trillion wiped from its value as investors questioned the necessity and competitiveness of Nvidia's advanced AI chips amidst DeepSeek’s contention.