Nasdaq drops 3% as China's low-cost AI model sparks US chip …

Jan 28, 2025  · On the New York stock market, the tech-heavy Nasdaq index dropped more than 3 percent on Monday, as China's low-cost artificial intelligence model sparked a sell-off in …


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Nasdaq Drops 3% As China's Low-cost AI Model Sparks US Chip …

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Jan 28, 2025  · On the New York stock market, the tech-heavy Nasdaq index dropped more than 3 percent on Monday, as China's low-cost artificial intelligence model sparked a sell-off in …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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Jan 28, 2025  · Nasdaq drops 3% as China's DeepSeek AI model hits tech shares AI leader Nvidia sank 17%, and it erased about $593 billion in stock market value, the deepest ever one-day …

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S&P 500 Slides, Nasdaq Drops 3% In Sharp AI Stock Sell-off Spurred …

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Jan 26, 2025  · Nvidia shares dropped 11% to lead a major tech sell-off after Chinese startup DeepSeek raised concerns over the U.S.' competitiveness in AI. Fellow chipmakers Micron …

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Nasdaq, S&P 500 Drop As China's DeepSeek AI Model Hits Tech …

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Jan 27, 2025  · Nvidia's shares were down 17%, while an index of semiconductor stocks slid 10% and was on track for its biggest ... Nasdaq, S&P 500 drop as China's DeepSeek AI model hits …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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Jan 28, 2025  · Nasdaq experienced its largest single-day percentage drop since December 18, mainly due to a selloff in U.S. chipmakers triggered by a low-cost Chinese AI model from …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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Jan 27, 2025  · Optimism over AI and gains in Nvidia and other big technology-related shares helped to drive the stock market's sharp gains in 2024. The Dow Jones Industrial Average …

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Nasdaq Drops 3% As Stocks Open Sharply Lower In DeepSeek …

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Jan 27, 2025  · Stocks opened sharply lower Monday, with chip and other stocks tied to artificial-intelligence plays suffering a rout after Chinese startup DeepSeek's high-performing model …

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How The Buzz Around Chinese AI Model DeepSeek Sparked A …

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Jan 27, 2025  · Those chips are the processor of choice for AI firms in the U.S. such as OpenAI, and the U.S. has banned the sale of advanced AI chips to China. Nvidia shares took a 3% hit …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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Jan 27, 2025  · Among other big tech-related companies, Microsoft shares fell 2.1% and Google-parent Alphabet dropped 4.2%, while AI server maker Dell Technologies declined 8.7%. Data …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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Jan 27, 2025  · NEW YORK (Reuters) -Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff …

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Nasdaq Drops 3% As China's AI Push Rattles Big Tech - MSN

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Jan 27, 2025  · (Reuters) - The S&P 500 and the Nasdaq hit over one-week lows on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model knocked shares of …

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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Jan 27, 2025  · Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.AI …

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China's DeepSeek Fuels US Stock Market Chaos: Tech Stocks Slump, …

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Jan 27, 2025  · China's DeepSeek fuels US stock market chaos: Tech stocks slump, Nvidia plunges 17%, Nasdaq drops 3.1%, S&P 500 slides 1.5% TOI Business Desk / …

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Nasdaq, S&P 500 Fall; China’s DeepSeek AI Model Hits Tech Shares

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Jan 27, 2025  · Nasdaq, S&P 500 fall; China’s DeepSeek AI model hits tech shares ... to end at 6,013.39 points, while the Nasdaq Composite lost 607.47 points, or 3.04%, to 19,346.83. The …

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Nvidia Drops Nearly 17% As China's Cheaper AI Model DeepSeek

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Jan 27, 2025  · DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost of under $6 million.

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Nasdaq Drops 3% As China's DeepSeek AI Model Hits Tech Shares

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NEW YORK (Reuters) -Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. …

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FAQs about Nasdaq drops 3% as China's low-cost AI model sparks US chip … Coupon?

Is deepseek causing a sell-off in US tech stocks?

Chinese AI startup DeepSeek has emerged as a strong competitor, causing a major sell-off in US tech stocks. Nvidia witnessed a dramatic 17.95% drop. DeepSeek’s R1 model, which matches US-developed AI systems at a lower cost, has raised investor concerns about the future of AI investments. ...

Why did the NASDAQ drop so much?

Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers. ...

How did deepseek's announcement affect international markets?

DeepSeek’s announcement also rattled international markets. Dutch semiconductor equipment maker ASML saw its shares drop 7%, while Japan’s SoftBank fell 8.3%. In the US, Constellation Energy shares plummeted nearly 20% after the company announced plans to restart a nuclear plant to power AI data centres. ...

Why did the NASDAQ Composite fall 3% on Monday?

Shares of Microsoft and Meta Platforms, both heavily invested in AI infrastructure, saw sharp declines, while bond yields fell as investors sought safer assets. The Nasdaq Composite fell 3.1% on Monday, dragged down by sharp losses in Big Tech, including Nvidia’s 17% plunge. ...

What happened to AI stocks?

Nvidia, whose chips are the top choice for powering AI applications, dropped 11.7%, while a gauge of semiconductor stocks dropped 6.5%. Eight of the 11 S&P 500 sectors were in the red, with technology stocks leading declines with a 4.5% fall. ...

Is deepseek a good AI app?

DeepSeek gained international attention after its AI assistant app climbed to the top of Apple’s free app chart in the US over the weekend. The company claims its R1 model demonstrates advanced reasoning abilities, similar to OpenAI’s most expensive systems, but at a fraction of the cost. ...

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