US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.

The great news is this success story may be far from over. Nvidia chief executive officer Jensen Huang, speaking at CES earlier this month, said AI is progressing at an "incredible pace." Considering this, where will Nvidia stock be in one year? Let's find out.

A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.

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 selloff tied to Chinese AI developer DeepSeek sent major indices plunging.

We recently published a list of Jim Cramer’s Bold Predictions About These 12 AI Stocks. In this article, we are going to take a look at where Broadcom Inc.

Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.

Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.

The company’s stock price has similarly soared, and its total market value quickly passed rivals like Intel, Microsoft and others. Nvidia alone accounted for more than a fifth of all of the S&P 500 index’s total return last year. No other stock came close, and it had more than triple Apple’s impact.

The launch of DeepSeek’s cost-effective AI assistant in China, has sent shockwaves through global markets, leading to a record $593 billion loss for Nvidia and a 3.1 per cent drop in the Nasdaq. As investors recalibrate,

The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined US$108 billion on Monday as a tech-led sell-off tied to Chinese AI developer DeepSeek sent major indices plunging.

Apple emerges as a “relative winner” as DeepSeek shifted investor narratives on AI, wrote Morgan Stanley analysts led by Brian Nowak in a Tuesday note to clients, explaining Apple’s “AI ambitions are far more contained” than the other “magnificent seven” American tech leaders.