World’s richest people led by Nvidia co-founder Jensen Huang lose $145b after DeepSeek sell-off
NEW YORK – The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion (S$145 billion) on Jan 27 as a tech-led sell-off tied to Chinese AI developer DeepSeek sent major indexes plunging.
Nvidia Chief Executive Jensen Huang saw his personal fortune tumble on Monday amid turbulence in U.S. tech stocks. His net worth dropped $20.8 billion.
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Nvidia CEO Huang Loses $20 BillionNvidia's CEO lost $20 billion in net worth in one day. If new Chinese AI software is as good as claimed, his net worth will ...
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The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading supplier of AI chips, was largely impacted; its shares plunged 17 per cent ...
Tuesday's Forbes Daily covers Chinese AI DeepSeek's impact on stock market, Boeing's earnings woes, Trump's military orders, ...
“Inference requires significant numbers of NVIDIA GPUs and high-performance networking.” Huang’s personal net worth also took a major hit, plunging $20.8 billion to $103.6 billion – a ...
American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending ...
Nvidia CEO Jensen Huang speaks at CES 2025. As Nvidia shares tanked 17% and the company lost a record $600 billion-plus in market capitalization, the net worth of its CEO and biggest ...
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