
DeepSeek: The Chinese AI That Shook the U.S. Tech Market and Challenged Nvidia
The launch of DeepSeek’s R1 model triggered a significant downturn in U.S. tech stocks, wiping nearly $1 trillion from the Nasdaq index. Nvidia, a major name in AI hardware, saw its stock drop by 17%, causing it to lose its status as the most valuable company in the U.S. Other tech leaders, such as…