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US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock

Let’s take stock of what’s happened over the past 24 hr.

As the US stock exchange opened on Monday, Chinese-made artificial intelligence (AI) design DeepSeek stunned investors and sank some tech stocks.

Chip-making huge Nvidia shed almost $600bn (₤ 482bn) of its market value – the most significant one-day loss in US history. Other tech stocks such as Microsoft, and Dell Technologies also sank – albeit by smaller margins.

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

In Asia, the marketplaces in Taiwan, China and South Korea have actually 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.

 
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