While the demand is there, it's clear that's not the sole reason why Nvidia's RTX 50 series is impossible to find in stores. Many retailers received fairly low stock quantities, as Nvidia reportedly experienced manufacturing issues.
The biggest market loss in history happened, with Nvidia stock dropping 17%—and the entire internet thought this was hilarious.
US chip giant Nvidia and its CEO Jensen Huang are set for a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector with its advanced new artificial intelligence model.
Tuesday’s session followed a start to the week that marked Nvidia’s worst day in years, as a roughly 17% drop led to a loss of nearly $600 billion in market value.
Nvidia stock dropped more than 11% as a social media panic over the potential rise of a Chinese AI model upended chip stocks and the broader AI investment thesis early Monday.
Nvidia shares tumbled Wednesday, dashing hopes for a quick recovery from losses earlier in the week amid concerns about the competitiveness of American AI firms and their spending on the emerging technology.
Nvidia, which designs chips used in AI applications, clawed back gains of 8.9% on Tuesday, leaving it well below last week’s levels. All three major indices on Wall Street finished higher, with the Nasdaq Composite rising 2.
President Donald Trump has threatened to introduce tariffs on Taiwan-made chips, which could hit Nvidia, one of TSMC's biggest customers.
The most powerful of Nvidia's newest Blackwell graphics cards is a " beast ." Review after review has brought up benchmarks showcasing that when it comes to gaming, the RTX 5090 blows its predecessors and other graphics cards away. However, it appears that for many consumers, the RTX 5090 is overkill.
A leading tech expert has demanded US President Donald Trump ban new Chinese artificial intelligence start-up DeepSeek that has rocked the tech world and wiped almost $1 trillion from the US stock market.
Trump, who recently announced a $500 billion AI infrastructure project involving OpenAI and Nvidia, said the release of DeepSeek’s AI model “should be a wake-up call for our industries that we need to be laser-focused on competing to win.”
As pointed out by venture capitalist and Trump tech adviser Marc Andreessen on x (formerly Twitter), DeepSeek’s breakthrough could be “AI’s Sputnik moment.” If that sounds familiar, it’s because it’s a reference to the 1957 launch of Sputnik, the satellite that kicked off the space race between the US and the USSR during the Cold War in the 1950s.