Nvidia on Monday said Chinese AI firm DeepSeek's advances show the usefulness of its chips for the Chinese market and that more of its chips will be needed in the future to meet demand for DeepSeek's services.

Nvidia’s stock is off to a positive start after a wild Monday. Shares of the chipmaking giant were recently up about 2%, easily outpacing the slight rise in the S&P 500. The first hours of Tuesday’s session followed a start to the week that marked Nvidia’s (NVDA) worst day in years,

Nvidia shares shed nearly $600 billion in market value Monday, marking the largest single-day loss in market history.

Shares of chipmaker Nvidia (NVDA) plummeted 17% on Monday and lost nearly $600 billion in market value. The decline was triggered by the

Short-term traders are proving eager to bet on a rapid recovery in Nvidia , pouring money into the three largest leveraged exchange-traded funds which are linked to gains in the share price of the AI chipmaking giant.