Nvidia stock rebounded strongly, gaining 8.9% on Wall Street on Tuesday and rising 2.7% in early European trading on Wednesday.
This comeback follows a steep 17% drop on Monday, when the rise of China’s DeepSeek AI tools led to a major selloff in AI-related stocks. Nvidia alone lost $600 billion in market value, marking the largest single-day loss in stock market history.
Key Highlights:
- Nvidia stock rose 8.9% on Wall Street and 2.7% in early Frankfurt trading.
- Monday’s 17% drop wiped $600 billion off Nvidia’s market value.
- DeepSeek AI’s emergence raised concerns over AI development costs.
Investors now appear to be regaining confidence in Nvidia as the AI market stabilizes. However, competition from new AI models like DeepSeek remains a factor to watch in the coming months.