Nvidia CEO Jensen Huang lost nearly 20% of his net worth after Chinese AI upstart DeepSeek sparked a sell-off in AI-related stocks on Monday. Huang's net worth fell from $121 billion to around $100 billion,

Jensen Huang and Nvidia both saw their values hit hard Monday as investors digested the impact of Chinese AI company DeepSeek.

The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading supplier of AI chips, was largely impacted; its shares plunged 17 per cent,

DeepSeek was reportedly developed in just two months at a cost of under $6 million — a stark contrast to the billions typically spent by US giants.

Nvidia Corp. Chief Executive Officer Jensen Huang is expected to miss the inauguration of President-elect Donald Trump on Jan. 20, bucking a trend among high-profile US technology leaders. Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci,

Nvidia CEO Jensen Huang speaks at CES 2025 ... but there was one notable exception, Apple, whose shares rose more than 4%. Apple’s move against the broader market losses was likely a result ...

Nvidia CEO Jensen Huang said Friday he will not be going to President-elect Donald Trump’s inauguration — opting not to join several of his fellow tech titans slated to fly in to Washington, DC.

Jensen Huang is expected to miss the ceremony, while Apple’s Tim Cook, Amazon’s Jeff Bezos and Tesla’s Elon Musk are attending.