Nvidia (NASDAQ:NVDA) stock has been getting crushed today and has plunged over 17.4% in Monday trading. This is the biggest single-day drop for NVDA since the tech selloff began in August. Why? DeepSeek.

Since the start of 2023, Nvidia's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. While this is common investor thinking, it's caused many (including myself) to miss a large chunk of Nvidia's rise.

DeepSeek has built a highly efficient and cost-effective AI model. Bernstein analyst Stacy Rasgon explains why it isn't a threat for Nvidia.

Nvidia (NVDA) stock is plummeting as Chinese startup DeepSeek unveils a cost-effective AI Model, raising concerns about chip demand and competition

Investors are worried about the rapid success of China's DeepSeek. It has developed low-cost AI models that don't require the most ad