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  • Founded Date December 16, 1919
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US Tech Stocks Steady as Nvidia Shares Pick up After DeepSeek Shock

Let’s analyze what’s taken place over the previous 24 hr.

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

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

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

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 1.39%, while Hong Kon’s Hang Seng made a small 0.14% gain.