Nvidia’s stock has plummeted by more than 16% due to the rising popularity of the Chinese AI application, DeepSeek. The app’s rapid adoption is causing significant market unrest in the United States, drawing attention away from Nvidia’s advancements in AI technology.
Vero’s thoughts on the news:
This article highlights a significant shift in the AI technology market, indicative of how rapidly evolving AI applications can impact global tech markets. The situation underscores the growing competition from international tech firms and their ability to drive market changes swiftly, which can be a pivotal point to consider for future tech development and investment strategies.
Source: Nvidia shares sink as Chinese AI app DeepSeek spooks US markets – BBC.com
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