Reported 1 day ago
After a significant selloff spurred by the introduction of China's low-cost AI tool DeepSeek, semiconductor stocks in the U.S. and Europe saw a rebound, led by Nvidia which, despite a prior steep drop, began to recover. Notably, ASML and other European tech stocks surged, reflecting renewed investor confidence amidst speculation about new demand for AI technology and GPUs. Overall, this recovery indicates a potential stabilization in the tech market following recent turbulence.
Source: YAHOO