:max_bytes(150000):strip_icc()/GettyImages-2187584815-6bad810be44f48a584652b89d6c18e6c.jpg?resize=1500,1000&ssl=1 "Nvidia, Broadcom Among Tech Stocks to Sink on DeepSeek Threat")
KEY TAKEAWAYS
- A slew of stocks, including chip maker Nvidia, tumbled Monday after Chinese startup DeepSeek released an AI model that runs on less-advanced chips and at a lower cost than those of U.S. rivals like OpenAI.
- Among the shares falling were those of nuclear power providers like Constellation and Vistra.
- Broadcom’s shares slumped around 17%, while Micron Technology was down around 11%.
A slew of stocks, including chip maker Nvidia (NVDA), fell Monday after Chinese startup DeepSeek…
Article Source
https://www.investopedia.com/tech-stocks-sinking-on-deepseek-threat-nvidia-update-8780706
