Nasdaq, nvidia crushed by the distribution of Deepseek China


The US AI race among the US Titan Technology Subsequently sucked Chinese AI DEEPSEek app Fell on stage and revealed investors.

The NASDAQ Composite technically deleted its achievements for the year and declined by 3 % on Monday.

Tick Security The last Change Changing %
I: Comp NASDAQ Composite Index 19341.833835 -612.47

-3.07 %

SP500 S&P 500 6012.28 -88.96

-1.46 %

The Deepseek model seems to be able to match the ability of your chat daddy Like ChatGpt Openai and Llama Meta But in a fraction of the cost of development. Also, weekend reached the number 1 at the App Store. It is also reportedly capable of using reduced chips from NVIDIA.

Silicon Valley praise for China's Deepseek program

The chip maker, dear artificial intelligence, lost almost 17 %. This is the worst percentage of March 2020, as tracked by the Dow Jones Market Group. About $ 600 billion in the market was destroyed and reduced the net value of the CEO of Jensen Huang by about $ 20 billion a day.

How much Deepseek we shake our mastery of AI

NVIDIA CEO Jensen Huang

The NVIDIA CEO, Jensen Huang, holds a NVIDIA Drive Thor processor at the Electronic Exhibition in Las Vegas on January 6, 2025. (Patrick T. Falun/AFP through Getty Images)

A spokesman for Nvidia told Fox Business: “Deepseek is an excellent progress of artificial intelligence and a complete sample of the time of testing. Deepseek work shows how new models can be created using that technique, from extensive models It is available and calculates that the export is fully compatible.

Tick Security The last Change Changing %
Google Alphabet Inc. 191.81 -8.40

-4.20 %

Mushroom Palantir Technologies Inc. 75.44 -3.54

-4.48 %

MSFT Microsoft Corp. 434.56 -9.49

-2.14 %

Meta Meta Platforms Inc. 659.88 +12.39

+1.91 %

Other artificial intelligence players, Google, Microsoft and Palantir also observed sloping losses, while Meta reached $ 65 billion after rising capital costs in investment programs this year.

A handful of nuclear power plants were also attacked. Investors are concerned that companies that control heating and cooling for artificial intelligence may not see the demand as the real result if Deepseek is known. The energy of the constellation, Tallen and Vistra lost all the earth.

Tick Security The last Change Changing %
Branch Corp Energy Corp. 275.00 -72.44

-20.85 %

Tln Speech energy 192.16 -52.90

-21.59 %

Vst verited chron 136.96 -54.14

-28.33 %

Wedbush analyst Dan Eius said in a research note that although the Deepseek model is “impressive”, he warned that these investors were not a trader for the artificial intelligence revolution and told customers to buy in the midst of sales.

“Bears prevail over the weekend narrative and try to scare investors. It is a moment of black swans. In fact, it is the opposite. If the inference training accelerates, it speeds the AI ​​revolution. For hyperscalers, nvidia and use. Ended there.

The technology path was poured into Bitcoin, which briefly fell under $ 100,000 before recovering some of these losses.

As investors sold technology, they participated in more defensive names including Procter & Gamble, Coca-Cola and insurance companies. This stock helped to Dow Jones Industrial Average To 289 points.

Dow Jones Industrial Average

The bonds also declined to 4.59 % with a 10 -year performance of the Treasury, which is the lowest from December 20, 2024.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *