DeepSeek Sends Shockwaves In Global AI Stocks; Nvidia Declines 10% – News18
Last Updated:January 27, 2025, 17:51 is Nasdaq 100 Futures drops 4-5%, signaling potential broader equity losses across US and European markets. The selloff in global AI stocks was triggered by fears of rising competition from Chinese AI startup DeepSeek, which claims to deliver advanced AI models using less sophisticated, cost-efficient chips. A sharp selloff rattled…