China’s DeepSeek fuels US stock market chaos: Tech stocks slump, NVIDIA plunges 17% – what we know so far – The Times of India
Wall Street faced a major shock on Monday as Chinese AI startup DeepSeek emerged as a formidable competitor, triggering a sell-off in US tech stocks. NVIDIA, one of the biggest beneficiaries of the AI boom, saw its stock plunge by 17.95%, to $117.02 at 3pm EST. This development came after DeepSeek, a Chinese startup founded…