Nasdaq, Nvidia demolished by Chinese depth update
American AI races among the US technological titans received a delight after Chinese AI app Deepseek He collapsed to the scene, sending investors to the opposite.
Technologically heavy Nasdaq Composite almost deleted its gain for the year, fell 3%on Monday.
Dice | Security | Last | Change | Change % |
---|---|---|---|---|
I: Comp | Nasdaq the composite index | 19341.833835 | -612.47 |
-3.07% |
SP500 | S & P 500 | 6012.28 | -88.96 |
-1.46% |
The Deepseek model seems to be able to reconcile Chatbot’s ability Like open chatgpt and meta’s lama But in a fraction of the cost of development. He also climbed to the Apple App Store over the weekend. It is also allegedly able to use chips reduced ability from Nvidia.
Silicon Valley praises Chinese app Deepsek app
The manufacturer of chips, dear AI, lost almost 17%. This is the worst percentage since March 2020, as Dow Jones Market Group followed. About $ 600 billion in market cap was deleted and reduced the net value of executive director Jensen Huang by about $ 20 billion in one day.
How Deepseek shakes us ai dominance
Spokesman Nvidia told Fox Business: “Deepseek is a great progress of AI-JA and the perfect example of scalating the test time. Deepseek’s work illustrates how new models can be created using these techniques, using widely available models and calculating that is fully compatible with the export of control . The conclusion requires a significant number of NVIDIA GPU and high performance network.
Dice | Security | Last | Change | Change % |
---|---|---|---|---|
Googl | Alphabet Inc. | 191.81 | -8.40 |
-4.20% |
Plrr | Palantir Technologies Inc. | 75.44 | -3.54 |
-4.48% |
Msft | Microsoft Corp. | 434.56 | -9.49 |
-2.14% |
Target | Meta platform Inc. | 659.88 | +12.39 |
+1.91% |
Other AI players, Google, Microsoft and Palantor have also seen steep losses, while Meta Rose is after increasing capital consumption to as much as $ 65 billion this year.
Several nuclear power plants also strayed. Investors take care that the controls that control heating and cooling for AI may not see the request if Deepseek is shown as a real job. They lost the constelted energy, the talen and the visor.
Dice | Security | Last | Change | Change % |
---|---|---|---|---|
Ceg | Constellation Energy Corp. | 275.00 | -72.44 |
-20.85% |
Tln | The energy of the talen | 192.16 | -52.90 |
-21.59% |
Vst | Visstra corp | 136.96 | -54.14 |
-28.33% |
Wedbush analyst Dan Ives said in a research note that although Deepsek’s model was “impressive,” the investors warned that it was not an agreement for AI Revolution and told clients to buy in the middle of a sale.
“Bears dominate the weekend and try to scare the investors, this is a black swan moment. This is actually the opposite. If the workout training is accelerated, it accelerates AI Revolution .. Bullish for hyperscalers, nvidia and use of cases. Deepseek impressive llm..it ends there,” published on X.
The technical route spilled in Bitcoin, which briefly fell below $ 100,000 before returning some of these losses.
As investors sold technology, they turned to more defensive names, including Procter & Gamble, Coca-Cola and the insurance company passengers. These stocks helped launch Dow Jones industrial average to a win of 289 points.
Dow Jones industrial average
The bonds also fell with a 10-year treasury yield that reached 4,529%, which is the lowest of December 20, 2024.