What Just Happened to Nvidia?

Nvidia's stock plunged 17​% yesterday in the largest single-day loss ever recorded on Wall Street. 

On the surface, it looks like just another tech stock decline. 

But dig deeper, and you'll find a story that's rewriting the rules of AI development.

A small Chinese startup called DeepSeek just accomplished what tech giants spend billions trying to do. 

Their AI technology, built for just $​5.6 milli​on, isn't just good - it's outperforming ChatGPT on Apple's App Store. 

This revelation sent tremors through the entire tech sector, with industry stalwarts like Broadcom and Oracle seeing their stocks tumble by double digits.

Think about it: $​5.6 m​illion. 

That's less than what many tech companies spend on office furniture. 

Yet it was enough to challenge the giants and erase $​580 billi​on in market value in a single day.

Is this the moment that changes everything we thought we knew about AI development co​sts?

Legacy Alliance Insider​

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