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Printedrolls

Overview

  • Founded Date March 8, 1961
  • Sectors Security Guard
  • Posted Jobs 0
  • Viewed 6

Company Description

US Tech Stocks Steady as Nvidia Shares Pick up After DeepSeek Shock

Let’s analyze what’s occurred over the previous 24 hr.

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

Chip-making huge Nvidia shed nearly $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 likewise sank – albeit by smaller margins.

A day later on, it appears somewhat calmer. Nvidia shares had a mixed start as the US stock exchange opened, company reporter Nick Edser tells us. After flip-flopping somewhat in the very first few minutes, its worth recovered – standing 1.3% higher.

In Asia, the markets 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.