DeepSeek AI Disrupts US Tech Stocks, Nvidia Faces $432 Billion Market Cap Loss
27 Jan 2025
US tech stocks faced a significant blow on Monday after Chinese AI startup DeepSeek challenged America’s dominance in the industry. The announcement caused a dramatic plunge in shares of leading chipmakers, including Nvidia, which saw a sharp 12% drop in pre-market trading. If the decline persists, Nvidia could lose a...
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