Chinese AI Deepsek Cyberattack Update | Us Stock Market – Chatgpt | US market dropped 3% due to Chinese AI model entry: Tech company Nvidia shares broken 17%; Trump stopped semiconductor exports to China


10 minutes ago

  • Copy link
Nvidia's market cap declined by $ 593 billion to $ 2.90 million crore due to Monday's fall. - Dainik Bhaskar

Nvidia’s market cap declined by $ 593 billion to $ 2.90 million crore due to Monday’s fall.

The entry of China’s Artificial Intelligence (AI) model Dipcic fell 17% of the US tech company NVDia on Monday. The company fell by $ 24.2 to $ 118.42.

Nvidia’s market cap also declined by $ 593 billion to 2.90 million million dollars. It was in 8 shares in the tech sector that saw a double digit decline on Monday.

The impact of the decline in Nvidia shares also showed the impact on the American share index Namdac. On Monday, it fell by 3.07% and Nasdaq fell 612.47 points to 19,341.83.

The tech sector of the second American Index S&P 500 declined by 5.6%. This is the biggest decline in the index after September 2020.

President Trump has asked American companies to be careful after this development. At the same time, China has said to ban the export of advance semiconductor technology.

Tech company Nvidia shares fell from $ 142.62 to $ 118.58.

Tech company Nvidia shares fell from $ 142.62 to $ 118.58.

NVDia’s CEO assets declined ₹ 1.79 lakh crore in 1 day The company’s CEO Jensen Huang has lost US $ 20.8 billion (Rs 1.79 lakh crore) due to a decline in NVidia shares. According to Forbes reports, Huang’s assets fell from US $ 124.4 billion (Rs 10.76 lakh crore) to US $ 103.7 billion (Rs 8.97 lakh crore), which led him to 17th position in the list of real -time billionaires to 17th place in the list of real -time billionaires. .

2 1738051837

Chinese AI model is very cheaper than American companies The second major reason is that the Dipcik is a completely free and open source AI model. Apart from this, the Chinese model has been prepared at a very low cost, while companies like Nvidia, Microsoft and Meta of America have prepared AI models by making huge investment. Some reports claim that the Deepcick company developed its AI model for just Rs 48.45 crore.

Deepcick defeated chatgpt on app store China’s Deepciak is giving extremely accurate results in a complex task like AI coding and maths. It is at the first position in terms of downloading from Apple App Store in America. It has surpassed the chatgpt of OpenAI.

ai 1738049512

Trump said- Companies beware of Chinese AI models Following Mondays in the American market, President Donald Trump said at the Republican Congress program in Florida that Deepcik AI is a warning for our industry. To win this battle, a full focus will have to be done on this side. However, Trump also said that this setback could also be positive for Silicon Valley as it would be forced to innovate at a lower price.

Ban on export of semiconductor technology to China After Monday’s developments, the US has banned giving Advanced Semiconductor technology to China. Taking additional vigilance on this, the US has also started monitoring other countries’ sales of NVDia’s advance AI chips.

————————————————

Read these news related to Nvidia …

1. Nvidia becomes world’s most valuable company: Microsoft overtakes, $ 3.34 trillion market cap

new project 431730892993 1738047716

The semicondia chip manufacturer Nvidia became the world’s most valuable company on Tuesday (5 November). The company’s stock rose by 2.84%, due to which the market cap increased to $ 3.43 trillion (about 289 lakh crore rupees). The company has achieved this atmosphere, leaving behind the iPhone maker Apple. Read full news …

2. Nvidia launched Hindi AI model: AI processor will supply, partnership with Reliance for infrastructure

comp 1231729753803 1738047885

Jenson Huang, the head of America’s semiconductor chip making company Nvidia, said on 24 October that Reliance Industries and NVidia are partnering to create AI infrastructure in India. Nvidia also launched the Hindi AI model. Read full news …

3. Nvidia: Founder used to work as a dishwasher, today the company’s revenue 5.10 lakh crores

The picture is from March 2024. In an event, Zuckerberg-Huang wore each other's jacket by swaping the jacket.

The picture is from March 2024. In an event, Zuckerberg-Huang wore each other’s jacket by swaping the jacket.

Nvidia Company founder Jenson Huang is often in discussion about his iconic black leather jacket. Her company Nvidia has become the third most valuable company in the world last month. Nvidia has long been making the most popular graphic processing unit (GPU) for video games and computer lovers. The revenue of the company formed in 1993 is Rs 5.10 lakh crore. Read full news …

@2023 – All Right Reserved by newsify