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Nvidia loses almost $ 600 billion as Deepseek Jolts Tech shares of China

Nvidia loses almost $ 600 billion as Deepseek Jolts Tech shares of China

0:00


New York, United States:

The American chip manufacturer Nvidia led a defeat in technological actions on Monday after the appearance of a low -cost Chinese generative model that could threaten US domain in the rapid growth industry.

The chatbot developed by Deepseek, a startup based in the city of Hangzhou of China in the east, has apparently demonstrated the ability to match the ability of the United States rhythm sets for a fraction of the investments made by the American companies.

The shares in Nvidia, whose semiconductors boost the AI ​​industry, fell almost 17 percent in Wall Street, erasing almost $ 600 billion of its market value.

READ | Nvidia, other AI actions crashed after Buzz around China’s Depseek

The Nasdaq index rich in technology ended more than three percent.

Deepseek, whose chatbot became the best -qualified free application in the American Apple application store, said it spent only $ 5.6 million developing its model, peanuts compared to the billions of US technological giants that have become ia .

The United States Technological Domain is being challenged by China, “said Kathleen Brooks, research director of the XTB commercial platform.

“The attention now focuses on China can do better, faster and more profitable than the US., And if they could win the career of AI,” he said.

Art Hogan, head of the B. Riley Wealth market, described the market response on Monday as “shoot first, ask questions later”, pointing out that some are skeptical of Chinese company statements.

“Everyone is trying to discover, ‘can you believe?’ And “what does Hogan mean.

As Depseek markets, the startup, said Monday that it limited the registration of new users due to “large -scale” cyber attacks in its services.

The players of the Meta and Microsoft are among the technological giants scheduled to report profits this week, offering opportunities to comment on the appearance of the Chinese company.

The actions of another US chips manufacturer, Broadcom, fell 17.4 percent, while the Dutch firm Asml, which makes the machines use to build semiconductors, saw its stock tumble 6.7 percent.

Constellation Energy, which plans to develop a significant energy capacity for AI, sank more than 20 percent.

The S&P 500 Wall Street index, based in Wall Street, threw 1.5 percent, while the Dow advanced 0.7 percent.

In Europe, the exchanges of values ​​of Frankfurt and Paris closed in the red while London ends the floor.

Asian stock markets slide mostly.

Last week after its inauguration, Trump announced a $ 500 billion company to build an infrastructure for AI in the United States led by the Japanese giant Softbank and the Chatgpt OpenAi manufacturer.

Softbank fell more than eight percent in Tokyo on Monday, while the Japanese semiconductor firm Adevantest also decreased more than eight percent and Tokyo Electron out of almost five percent.

READ | “A call for attention to us,” says Trump in Deepseek AI from China

Interest rates in focus

In addition to technological profits, this week also sees interest rate decisions of the United States Federal Reserve and the European Central Bank, before US inflation data.

The actions enjoyed a healthy advance last week in the hope that Trump’s second administration would adopt a less hard approach to global trade.

However, his threat on Sunday that he would hit Colombian goods with a 25 percent tariff, which increases to 50 percent next week, and revoke the visas of government officials triggered the alarms.

The measure occurred after President Gustavo Petro blocked deportation flights from the United States.

In response to Trump’s decision, Petro initially announced 25 percent retaliation levies in the United States imports.

But Bogotá later retreated and agreed to accept the citizens deported, with the foreigner Minister Gilberto Murillo saying that they had “overcome the point.”

Key figures around 2120 GMT

New York – Dow: 0.7 percent more at 44,713.58 (closing)

New York – S&P 500: Low 1.5 percent to 6,012.28 (closing)

New York – Nasdaq: 3.1 percent to 19,341.83 (closing)

London – Ftse 100: Flat at 8,503.71 (closing)

Paris – Cac 40: 0.3 percent at 7,906.58 (closing)

Frankfurt – Dax: 0.5 percent less than 21,282.18 (closing)

Tokyo – Nikkei 225: less 0.9 percent at 39,565.80 (closing)

Hong Kong – Hang Seng Index: 0.7 percent more than 20,197.77 (closing)

Shanghai – Compound: low 0.1 percent to 3,250.60 (closure)

Euro/Dollar: at $ 1,0492 from $ 1,0497 on Friday

Libra/Dollar: up to $ 1,2496 from $ 1,2484

Dollar/Yen: Below 154.61 yen of 156.00 yen

Euro/Libra: Below at 83.94 Penshirts of 84.08 Penshirts

Brent north is crude: low 1.8 percent to $ 77.08 per barrel

Intermediate western Texas: less than 2.0 percent to $ 73.17 per barrel

(Except for the headline, this story has not been edited by NDTV staff and is published from a union feed).


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