The artificial intelligence (AI) market faced a seismic shift on Monday, as Chinese startup DeepSeek claimed it could match major AI companies’ performance at a fraction of the cost. This revelation sent shockwaves through Wall Street, triggering massive selloffs in megacap AI stocks.
A Historic Market Rout: Nvidia, Broadcom, and Oracle Take a Hit
Leading the downturn was Nvidia (NASDAQ: NVDA), which plummeted 17%—wiping out over $500 billion in market value. To put this into…
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https://www.hpbl.co.in/news/historic-selloff-in-ai-stocks-why-nvidia-broadcom-and-oracle-may-be-primed-for-a-comeback/