Nvidia (NASDAQ: NVDA) made stock market history on Monday, Jan. 27, but not the good kind. The chipmaker saw its share price decline 17%, due to concerns about an artificial intelligence (AI) model from Chinese start-up DeepSeek.

Nvidia (NVDA) stock plunged 16% Monday afternoon after Chinese artificial intelligence startup DeepSeek’s latest model raised questions about American competitiveness in the AI space.

Shares of chipmaker Nvidia (NVDA) plummeted 17% on Monday and lost nearly $600 billion in market value. The decline was triggered by the

That bounce comes after stock plunged 17% on Monday and slashed more than $595 billion from the company's valuation, the biggest single-day market cap decline on record. But retail investors bought the dip at a record level, even as the sell-off gripped Wall Street, according to Vanda Research.

Nvidia's share price fell some 17 percent on Monday, wiping $600 billion off of the GPU company's valuation. The world's most valuable corporation saw its share price plummet on the release of DeepSeek's latest model, which proved that it was possible to train efficient models using fewer GPUs.

Nvidia's stock price crashed to $118.58 yesterday, wiping $593 billion off its value and marking the company's worst day on the market since the start of

After plunging 17% on Monday, Nvidia looks set to recover on Tuesday, with its stock up 5% in premarket trading.