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Dr. Luther P. Jackson ESTEEM Center for Engineering and Technology

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NVIDIA Stock Drops 600 billion Dollars

By: Zablon Worede, Journalist
NVIDIA recently lost $600 billion in market value after a new Chinese company DeepSeek unveiled a groundbreaking AI system that doesn't need NVIDIA's expensive chips. This raised fears about declining demand for NVIDIA's products, and DeepSeak showed it could create a competitive AI model quickly and at a much lower cost than NVIDIA and Gemini.
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Dr. Luther P. Jackson ESTEEM Center for Engineering and Technology
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