US Tech Stocks Steady as Nvidia Shares Get After DeepSeek Shock

Let’s take stock of what’s occurred over the previous 24 hr.

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

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

A day later, it appears slightly calmer. Nvidia shares had a mixed start as the US stock exchange opened, service press reporter Nick Edser informs us. After flip-flopping slightly in the very first few minutes, its worth recovered – standing 1.3% greater.

In Asia, the markets 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 dropped 1.39%, while Hong Kon’s Hang Seng made a small 0.14% gain.