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.

Nvidia stock tumbled when DeepSeek said it trained an impressive AI model at a fraction of what U.S. companies have paid, but many Wall Street analysts remain bullish. President Trump's plan to reduce the corporate tax rate to 15% would let Nvidia repurchase more stock,

The market reaction proved particularly severe for Nvidia (NASDAQ: NVDA), with shares plummeting and erasing half a trillion in market cap at the time of this writing. To put this staggering figure in perspective,

Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.