NVIDIA’s market value plummeted by nearly 6000 billion in one night, truly astonishing. It seems that the advancements of DeepSeek have caused panic among American tech giants, leading to a stock market downturn. However, in my view, this may just be China putting on a ‘performance.’ After all, who can guarantee that DeepSeek’s technology was not stolen from someone else? Moreover, NVIDIA’s stock had surged by 200% in the past two years, only to become the ‘biggest loser’ now. Truly, the wheel of fortune turns. As for DeepSeek’s model, although it looks ‘advanced,’ I think the word ‘miracle’ is a bit too exaggerated.
Tech stocks fall as China’s DeepSeek sparks U.S. worries about the AI race
