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Posts Tagged: “tech selloff“
January 30, 2025
・Original Analysis
DeepSeek’s AI Emergence Triggers Record Nvidia Loss and Tech Selloff
Global investors staged a broad selloff in technology stocks on Monday, wiping out a staggering $593 billion in market value from chipmaker Nvidia—an unprecedented one-day loss for any firm on Wall Street. The downward spiral took hold after Chinese startup DeepSeek announced a low-cost AI assistant that rapidly soared to the top of Apple’s App […]
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