Nvidia drops 6% as the Trump administration considers new restrictions on AI chip sales to China, raising concerns over U.S.-China tech tensions.
Nasdaq 100 drops 3% as AI disruption raises fears of overvaluation. Traders reassess portfolios, seeking opportunities beyond megacap tech stocks.
The Nasdaq Composite slid more than 3% in Monday’s trading as a slate of AI-related plays, including chip darling Nvidia, tanked.
Nvidia staged a moderate rebound on Tuesday, rising as much as 3%, following a 17% drop the prior day. More broadly, major US indexes rallied after S&P 500 and Nasdaq 100 saw sharp losses on Monday amid concerns over the Chinese AI firm DeepSeek rapid and cost-effective advances.
U.S. stocks in the technology-heavy Nasdaq-100 index were rising Tuesday, with a popular exchange-traded fund that tracks the index getting a sharp lift from Big Tech stocks, in particular. The Invesco QQQ Trust Series I was up 1.
American semiconductor giant Nvidia ’s stock price erased some of its massive loss sustained a day earlier on fear that Chinese companies were poised to surpass America in the competition with China for artificial intelligence supremacy, as investors saw the company playing a key role in a sharper rivalry.
Nvidia is on track for the biggest one day loss of any company in history, as Chinese artificial intelligence (AI) startup Deepseek shakes up global tech markets. Nvidia, a key driver of the AI stock boom due to its advanced chips, saw its shares plummet over 14 per cent on Germany’s Tradegate on Monday. The [...]
Nasdaq 100 Technology Sector Index has crashed -3.5 per cent during the opening trade on Monday, January 27. The index was trading at 10,629.22 around 8:22 PM IST. Tech companies stocks have fallen sharply over the fear of new LLM model being released by Chinese firm DeepSeek.
ASML shares jump 9% as strong chip orders ease AI spending fears. Traders eye semiconductor stocks as demand for high-end chips remains resilient.
US stock market: Following concern over Chinese Air Intelligence (AI) start-up DeepSeek, NVIDIA share price witnessed sharp selling on Monday. The US stock market's tech major, NVIDIA stock price, opened lower at $124.80 apiece on the NASDAQ and touched an intraday low of $116.70 per share.
The tech-heavy Nasdaq 100 is the best performer but more risk-averse investors may prefer the more broadly diversified S&P 500.
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.