According to news from MyDrivers on February 28, on February 27 local time, the stock prices of major US technology companies fell collectively. NVIDIA, the leading AI chip company, saw its share price plummet by 8.48%, recording its largest single – day drop in a month. Its market value evaporated by approximately $271.6 billion (about 1.98 trillion yuan), and its latest market value stands at around $2.93 trillion.
Although NVIDIA has just released its fourth – quarter fiscal 2025 earnings report that exceeded expectations, showing revenue of $39.331 billion, a 78% year – on – year increase, and a net profit of $22.066 billion, a 72% year – on – year increase, the market still has doubts about its future growth prospects.
NVIDIA’s CEO, Jensen Huang, said in the earnings report that the demand for the Blackwell chip is “amazing” and emphasized that the rapid development of inference AI has brought new growth momentum to the industry. He pointed out that increasing training computing power can make AI models smarter, and the additional computing power required for extended thinking makes AI answers more accurate.
However, analysts pointed out that NVIDIA’s quarterly gross margin guidance fell short of market expectations. Coupled with the rise of emerging AI technologies such as DeepSeek, the market is worried about a potential over – investment in the AI industry.
It’s worth noting that Jensen Huang mentioned the DeepSeek – R1 model in a program last week. He said that this technology is exciting, but the market’s reaction to it is misinterpreted. He believes that the release of R1 is essentially good news for the AI market, indicating that the industry is still innovating and progressing.