Nvidia, AMD, Broadcom, SMCI, TSMC And Other Tech Giants Lead Monday Pre-Market Selloff As Nasdaq 100 Futures Plummet Over 650 Points Amid Reports Of Chinese AI Startup DeepSeek Overtaking ChatGPT – Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD)

Major technology stocks plunged in Monday’s pre-market trading after Chinese artificial intelligence startup DeepSeek unveiled an AI model that reportedly matches OpenAI‘s ChatGPT capabilities at a fraction of the cost, threatening U.S. technological leadership.

What Happened: NVIDIA Corp NVDA led the decline, falling 8.15% to $131.00 in pre-market trading. Other chip manufacturers followed, with Broadcom Inc. AVGO down 8.66%, Super Micro Computer Inc. SMCI dropping 8.03%, and Taiwan…