Overview

  • Founded Date September 19, 1910
  • Sectors Health
  • Posted Jobs 0
  • Viewed 4

Company Description

US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock

Let’s take stock of what’s occurred over the past 24 hr.

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

Chip-making huge Nvidia shed almost $600bn (₤ 482bn) of its market price – 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 sized margins.

A day later, it appears a little calmer. Nvidia shares had a combined start as the US stock exchange opened, business reporter Nick Edser informs us. After flip-flopping slightly in the very first couple of minutes, its worth recuperated – standing 1.3% greater.

In Asia, the markets in Taiwan, China and have actually 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 little 0.14% gain.

Scroll to Top