According to CoinMeta, NVIDIA suffered a loss of approximately $400 billion in a single day, which is the largest market value loss since the collapse of DeepSeek, and also the second-largest single-day loss in its history, only behind the nearly $600 billion loss on January 27, 2025. The stock price fell by more than 8% to around $183, erasing all of the gains made in 2026, and is currently about 23% lower than the record closing price of $239.24 on October 6. After Democrats took control of Congress, the chip manufacturer experienced a significant drop due to concerns about stricter regulations on artificial intelligence. On January 27, 2025, NVIDIA's stock price plummeted by 17% due to the low-cost artificial intelligence model of the Chinese startup DeepSeek. At that time, it was the largest single-day loss for any company in history.