Nvidia’s Huang, Oracle’s Ellison Lose About $20 Billion Apiece In DeepSeek Rout

Topline Several notable billionaires experienced massive hits to their fortunes Monday as the Chinese generative artificial intelligence startup DeepSeek upended the U.S. stock market, hitting the American AI leader Nvidia the hardest. Key Facts As Nvidia shares tanked 16% and the company lost a record $500 billion-plus in market capitalization, the net worth of its
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