How China’s DeepSeek Shook Silicon Valley and Wiped $1 Trillion from U.S. Tech Stocks
Silicon Valley AI Giants Scramble to Study DeepSeek! Why Are Chip Stocks Like TSMC Hit Hard? January 27: Concerns sparked by Chinese startup DeepSeek over the massive investments in U.S. AI shook Wall Street, wiping out more than $1 trillion in market value in an epic “meltdown.” NVIDIA’s stock plunged 17%, erasing nearly $600 billion…