January 29, 2025

NVIDIA Announced Layoffs? CEO Jensen Huang Reportedly Fires Employees Behind Innovation Allowing AI Models – LatestLY

NVIDIA stock recently took a hit amid the rise of DeepSeek AI model DeepSeek R-1. Overnight, $NVDA fell 5%, and the NASDAQ 100 futures were also down by 400 points. The stock fell due to reports about next-gen GPUs, Hopper, ready to offer 6x performance compared to the previous version, Ampere. It was reported that customers could use AI models with only 1/6 of the GPU. A report suggested that NVIDIA CEO Jensen Huang fired employees responsible for creating this innovation. Microsoft CEO Satya Nadella Joins Indian 76th Republic Day Celebration Event in Seattle, Says Thrilled To See Bonds Grow Between US and India. NVIDIA CEO Jensen Huang Fired Employees for Developing Low GPU Usage Innovation for AI Model Nvidia’s stock fell following reports that its next- generation GPUs, Hopper, offer up to 6x the performance of its previous version, Ampere.
A person familiar with the matter stated that its customers can now train Al models using only1/6 of the GPUs previously required.
Huang…
— Asia Tech (@asiatechwire) January 27, 2025 NVIDIA Stock Fell Overnight Amid First Reaction of DeepSeek BREAKING: Nvidia stock, $NVDA, opens down more than -5% in overnight trading in its first reaction to DeepSeek.
The biggest market headwind just came out of nowhere.
That’s -$190 BILLION in market cap. https://t.co/sbkoR5XuS7 pic.twitter.com/P3O3sP5vjt — The Kobeissi Letter (@KobeissiLetter) January 27, 2025 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)

Nvidia’s stock fell following reports that its next- generation GPUs, Hopper, offer up to 6x the performance of its previous version, Ampere.
A person familiar with the matter stated that its customers can now train Al models using only1/6 of the GPUs previously required.
Huang…
— Asia Tech (@asiatechwire) January 27, 2025 NVIDIA Stock Fell Overnight Amid First Reaction of DeepSeek BREAKING: Nvidia stock, $NVDA, opens down more than -5% in overnight trading in its first reaction to DeepSeek.
The biggest market headwind just came out of nowhere.
That’s -$190 BILLION in market cap. https://t.co/sbkoR5XuS7 pic.twitter.com/P3O3sP5vjt — The Kobeissi Letter (@KobeissiLetter) January 27, 2025 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)

BREAKING: Nvidia stock, $NVDA, opens down more than -5% in overnight trading in its first reaction to DeepSeek.
The biggest market headwind just came out of nowhere.
That’s -$190 BILLION in market cap. https://t.co/sbkoR5XuS7 pic.twitter.com/P3O3sP5vjt — The Kobeissi Letter (@KobeissiLetter) January 27, 2025 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)Copyright © Latestly.com All Rights Reserved.

Source: https://www.latestly.com/socially/technology/nvidia-announced-layoffs-ceo-jensen-huang-reportedly-fires-employees-behind-innovation-allowing-ai-models-to-use-only-16-of-gpu-6596409.html

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