Nvidia drops 10% in advance because Chinese Deepseek started a global technological sale
US technological companies have fallen in pre -sale trading, as Chinese startup Deepseek has caused concern about competitiveness in artificial intelligence and US leadership in the sector, which has caused a global sale.
Shares of chip designers Nvidiaand A large user of AI PompeThey fell for 9.84% at 05:11 in the morning ET before the market opening. Dutch chip production companies Asml and Asm International dropped 10.59% or 14.94% in European trade while in Asia, Japanese shares associated with chips were mostly lower.
Deepseek launched a free open code model in a large language at the end of December, claiming he was developed in only two months at a price of less than $ 6 million – which is a much smaller cost than the one seeking western colleagues. Last week the company posted a resonation model that also allegedly surpassed Openai latest in many third -party tests.
Development of events has raised questions about the amount of money that are investing large technological companies in artificial intelligence and data centers.
“Deepseek obviously does not have access to as many computers as American hyperwelers and somehow managed to develop a model that seems very competitive,” said Srini Pajjuri, analyst for the semiconductor in Raymond James, on Monday.
-Lee Ying Shan and Michael Bloom of CNBC contributed to this story.
This latest news is updated.
