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Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history

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Summary
Nutrition label

81% Informative

Nvidia lost close to $600 billion in market cap on Monday , the biggest drop ever for a U.S. company.

The selloff was sparked by concerns about increased competition from Chinese AI lab DeepSeek.

Data center companies that rely on Nvidia chips also plummeted, with Dell, Oracle and Super Micro Computer all falling by at least 8.7% .

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86

Informative language

88

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39

Article tone

formal

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English

Language complexity

39

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short-lived

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