China’s DeepSeek sets off AI market rout By Reuters

China’s DeepSeek sets off AI market rout By Reuters

SINGAPORE (Reuters) -Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors’ faith in the profitability of AI and the sector’s voracious demand for high-tech chips.

were down 2.6% and slipped 1.4% by the European morning, and shares in Nvidia (NASDAQ:) supplier Advantest fell 8.5% in Tokyo.

Frankfurt-listed shares of Nvidia slipped about 7%, while those of Tesla (NASDAQ:), Amazon…

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