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The Man Behind Nvidia's $593 Billion Day: DeepSeek's Liang Wenfeng

This story is from 2026-08-23. It is preserved in the archive; the latest stories are on the live feed.

On January 27, 2025, Nvidia lost $593 billion in market value in a single day — the largest one-day loss for any company in Wall Street history. The trigger was not a rival chip. It was a free chatbot app from a startup few had heard of, founded by a man who had given two interviews in two years. H…

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  1. 2026-08-23 13:55 · DEV Community — AI
    The Man Behind Nvidia's $593 Billion Day: DeepSeek's Liang Wenfeng

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