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  • Founded Date 1946å¹´10月17æ—¥
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US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock

Let’s analyze what’s taken place over the previous 24 hours.

As the US stock market opened on Monday, Chinese-made expert system (AI) model DeepSeek stunned financiers and sank some tech stocks.

Chip-making huge Nvidia shed almost $600bn (₤ 482bn) of its market value – the most significant one-day loss in US history. Other tech stocks such as Microsoft, Google-owner Alphabet and Dell Technologies also sank – albeit by smaller margins.

A day later on, it appears a little calmer. Nvidia shares had a blended start as the US stock exchange opened, organization reporter Nick Edser informs us. After somewhat in the very first couple of minutes, its worth recovered – standing 1.3% greater.

In Asia, the marketplaces in Taiwan, China and South Korea have closed for the Lunar New Year. But by the end of Tuesday’s trading, Tokyo’s Nikkei 225 index had actually dropped 1.39%, while Hong Kon’s Hang Seng made a small 0.14% gain.

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