Jensen Huang lost close to 20% of his net worth on Monday after DeepSeek roiled the AI industry
Huang's net worth fell from $121 billion to around $100 billion, per the Bloomberg Billionaires Index.
Jensen Huang Loses $20B In Wealth: How DeepSeek Hit Nvidia Stock And World's Richest People
Jensen Huang and Nvidia both saw their values hit hard Monday as investors digested the impact of Chinese AI company DeepSeek.
Nvidia faces a reckoning as Chinese upstart raises questions about Wall Street's darling
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth,