Nvidia shares plunge sharply. Nvidia shares fell sharply on Monday as the company recorded a loss of nearly half a billion dollars, recording the company the largest daily decline in market value in America. The share price reached nearly $122 per share a decline estimated at 13.8%. This strong decline comes due to the Chinese company "Deep Sik" which launched an artificial intelligence assistant with a very low cost as the company stated that it developed it within two months at a cost of less than $6 million. This statement increased investors' concerns about investments in major technology companies, which caused the stock to decline sharply.
