Nvidia Faces Major Drop Due to DeepSeek Concerns

Reported 1 day ago

Nvidia is set to experience its largest stock decline following fears generated by Chinese AI startup DeepSeek, which raised alarms over US companies' competitive edge in the AI sector. This sell-off has also negatively impacted shares of other tech stocks like Broadcom and Marvell Technology, as Wall Street braces for upcoming earnings reports from major tech firms amidst concerns about AI competition.

Source: YAHOO

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